The Walt Disney company has taken an 20% interest in the Spanish DTT broadcaster Net TV for €27 million. The free-to-air broadcaster holds one of the six nationwide DTT licences and is controlled by the Vocento group, which holds 55%. The Intereconomia group owns the remaining 25% . “We believe DTT is the technology of the future and will reach 100% of the Spanish population,” said Disney’s John Hardie, VP EMEA. Disney will contribute its expertise in launching channels as well as a vast library of movies and programmes to the venture. Disney’s efforts will be concentrated on creating one of the channels that is part of the Net TV licence.
About Robert Briel
Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at [email protected].