16-11-2015

SPI Takes Stake in Upcoming News Channel

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    WARSAW: Kino Polska TV, part of the media group SPI International is acquiring a 49 percent stake in Cable Television Network & Partners which is developing news channel Zoon TV.

    SPI announced it will spend 10 m PLN on the deal once the transaction receives final approval from the governmental authorities.

    SPI also recently announced the addition of four film channels to its offerings in Slovakia. In addition, the company said it had signed a first-run movie content agreement with Disney for its CEE channels. In CEE, SPI has operations in Poland, Czech Republic, Slovakia, Romania, Hungary, Bulgaria, Serbia, Croatia, Montenegro, Macedonia, Bosnia & Herzegovina, Slovenia and Albania.