After experiencing the “Tide of Merger” in 2014，the merger of Chinese media industry has been rationally regressing since 2015. With the constant stimulation of policy dividend and the powerful motivation of channel content resources，media industry started to gradually integrate and transit in virtue of the propulsion of Internet plus. The merger market of media was not only bombarded with capitals outside media business，but ushered in the trend of integration among enterprises inside the media business. In the meantime，each leading enterprise of media industry played its part，further opening up the industrial chain of all-media through all-round layout，from which it could be told that the merger of media industry has been increasingly mature.