Celestial Pictures is a diversified entertainment company that brings the best of Asian entertainment to the world. The company focuses on Asian-language film and television content origination, aggregation and worldwide distribution, as well as the operation of global television channels.

The company owns the Shaw Brothers Film Library, the world's largest Chinese film collection, with over 760 feature films originally released over a forty-year time frame. These award-winning Shaw Brothers films have been digitally restored frame-by-frame, and distributed in cinemas and on home video, television, and new media markets worldwide.

In 2003, Celestial Pictures launched CELESTIAL MOVIES, which has since expanded to 12 territories across the Asia-Pacific region, making it the most broadly distributed 24-hour Chinese-movie channel. The company's latest TV brand was launched in February 2006: WaTV is the first-ever infotainment channel wholly dedicated to the trendy youth lifestyle of the "new China".

Celestial Pictures is also active in producing new feature films and acquiring third-party film content for worldwide distribution with an option to broadcast on its television channels.

Headquartered in Hong Kong, Celestial Pictures is a subsidiary of ASTRO ALL ASIA NETWORKS plc - a listed company on the Bursa Malaysia (previous known as the Kuala Lumpur Stock Exchange).