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Phoenix Media Investment (Holdings) Ltd. engages in satellite television broadcasting activities through its subsidiaries. It operates through the following segments: Television Broadcasting, Internet Media, Outdoor Media, Real Estate, and Other Activities. The Television Broadcasting segment refers to broadcasting of television programmes and commercials, and provision of promotional activities. The Internet Media segment provides website portal and value-added telecommunication services. The Outdoor Media segment provides the provision of outdoor advertising services. The Real Estate segment focuses on property development and investments at Phoenix International Media Centre. The Other Activities segment include programme production and ancillary services, merchandising services, magazine publication and distribution, and other related services. The company was founded on February 2, 2000 and is headquartered in Hong Kong.