• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Turner acquires Scandi channel group

August 17, 2010 08.12 Europe/London By Robert Briel

Time Warner subsidiary Turner Broadcasting Europe and the Millennium Media Group (MMG) have announced the acquisition of a 100% interest in MMG to form a new Scandinavian channels and content group.

The new group, formed by combining the businesses of Turner Nordic and MMG, will be led and managed by the existing MMG management and founders, Carl Göran Anderson and Ignas Scheynius.

The new channel portfolio will include MMG’s exciting locally-developed channels (Star!, Showtime, Silver, Silver HD and TV7) and Turner’s international brands (CNN International, Cartoon Network, Turner Classic Movies and Boomerang). MMG’s other complementary business units (NonStop Entertainment, NonStop Sales and PrimeText International) will also be part of the combined group.

The new group of channels will be available in the Scandinavian region, as well as the Baltics, Benelux and Africa. The majority of staff in the new group will be headquartered in Stockholm, with other staff based at existing Turner facilities in Copenhagen and London.

Flamman

Pete Flamman, SVP and general manager Northern Europe for Turner Broadcasting System Europe, said in a statement: “I am delighted that CG and Ignas have agreed to join Turner and manage our combined businesses. During the next year we will focus on three initial priorities. We plan to invest in the core Nordic channels in terms of content, marketing and also by introducing the TNT brand. We want to accelerate MMG’s successful push in to new and emerging markets. And of course we will work hard to ensure all our staff enjoy the benefits of being part of an ambitious and growing company”.

The deal will be closed after receiving approval from the relevant regulatory authorities after filings with the Swedish media regulator (RTVV) and the Norwegian competition authorities.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Finance, Newsline, Top Story Tagged With: Millennium Media Group, Turner Edited: 18 August 2010 10:57

Avatar photo

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 rbriel@broadbandtvnews.com.

Latest News

  • wedo big stories, wedo movies and wedotv join Vidaa TV platform
  • FTTH drives Portuguese broadband market
  • Mirada receives EU funds for Iris platform
  • NEM Dubrovnik celebrates 10th anniversary
  • DStv adds BritBox to its app

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q & A: MainStreaming CEO Antonio G. Corrado

Broadband TV News sits down with MainStreaming’s CEO, Antonio G. Corrado to talk, streaming, latency, and ANGA COM.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...