I recently came across an interesting interview with Li Ruigang, the man who runs Shanghai Media Group, one of the biggest media conglomerates in China.

It details how he is striving to take SMG and turn it from a government controlled “state asset” into a public company that can compete at an international level. There are also some good comparisons, such as seeing the revenue of the entire SMG group and all its media amounts to a mere 60% of what the Fox news channel in the US alone gets.

I think it is very interesting to see that government owned media companies are not as controlled as we are led to believe. Li seems very interested in getting as friendly as possible with foreign partners, to set the foundation for when SMG gets released from it’s Government control.

I am not sure how, when and if this will happen, but Li seems confident on that direction. All luck to him.