Thakur
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NEW DELHI: Sony Pictures Television Networks (SPT) has acquired the Film1 group in the Netherlands from Liberty Global.
Under the deal, SPT will fully own and operate the five premium pay-TV channels under the Film1 umbrella along with its Film1 Go service, pending regulatory approval.
The five Film1 channels include Film1 Premiere, Film1 Action, Film1 Comedy & Kids, Film1 Spotlight and Film1 Sundance, as well as the Film1 Go OTT service.
All five Film1 channels will continue to be carried on Liberty Global’s Ziggo and UPC cable tv platforms in the Netherlands.
“The acquisition of Film1 marks a key move into the Dutch market and underlines our continued commitment to grow our highly successful and diverse suite of channels across Europe. Film1 complements and expands our successful Networks portfolio and we are looking forward to working with all our partners to continue to build on the success of the Film1 proposition,” said SPT executive vice president, Networks, Western Europe Kate Marsh.
“When approaching the sale of Film1 as part of the group’s acquisition of Ziggo, we wanted to ensure the new owner would be focused on building on a strong portfolio of channels. We are pleased that Film1 will be in good hands under Sony’s ownership,” added Liberty Global media investments group president Niall Curran.
http://www.indiantelevision.com/television/production-house/film-production/sony-pictures-television-acquires-netherlands-film-1-channels-150328
Under the deal, SPT will fully own and operate the five premium pay-TV channels under the Film1 umbrella along with its Film1 Go service, pending regulatory approval.
The five Film1 channels include Film1 Premiere, Film1 Action, Film1 Comedy & Kids, Film1 Spotlight and Film1 Sundance, as well as the Film1 Go OTT service.
All five Film1 channels will continue to be carried on Liberty Global’s Ziggo and UPC cable tv platforms in the Netherlands.
“The acquisition of Film1 marks a key move into the Dutch market and underlines our continued commitment to grow our highly successful and diverse suite of channels across Europe. Film1 complements and expands our successful Networks portfolio and we are looking forward to working with all our partners to continue to build on the success of the Film1 proposition,” said SPT executive vice president, Networks, Western Europe Kate Marsh.
“When approaching the sale of Film1 as part of the group’s acquisition of Ziggo, we wanted to ensure the new owner would be focused on building on a strong portfolio of channels. We are pleased that Film1 will be in good hands under Sony’s ownership,” added Liberty Global media investments group president Niall Curran.
http://www.indiantelevision.com/television/production-house/film-production/sony-pictures-television-acquires-netherlands-film-1-channels-150328
