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KidsCo set to cease broadcasts

November 16, 2013 20.03 Europe/London By Robert Briel

KidsCo June 2011Multi-lingual kids channels KidsCo will close down its operations, the broadcaster has said.

In a statement, KidsCo said: “As one of many children’s linear services available in the international market, growing the KidsCo business has been challenging. As a result, both shareholders – NBCUniversal and Corus Entertainment – have decided to discontinue the joint venture service by early 2014.”

The European broadcasts will cease on December 31, while the feeds to South Africa and Asia will be discontinued at the end of February 2014.

KidsCo is majority owned by NBC Universal, with 51% of the shares and Corus with 43.8% being the second largest stakeholders in the children’s channel.

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Filed Under: Editor's Choice, Newsline Tagged With: KidsCo, NBCUniversal Edited: 19 November 2013 09:45

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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.

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