Canal+ Group has purchased content distribution platform Alterna TV from Eutelsat Americas.
Alterna delivers Latin American channels to US cable operators. The business has been acquired through Canal’s subsidiary Thema. It’s the second cable delivery business to have been disposed of by Eutelsat – Kabelkiosk was acquired by the M7 group in August 2014.
François Thiellet, CEO of Thema, said: “The acquisition of Alterna’TV marks a new step in our partnership with Eutelsat with whom we have been working since our creation. It will allow us to scale up our presence in North and Latin America and will reinforce our team and the portfolio of channels we offer pay-TV operators in these markets.”
The transaction includes a long-term agreement for the lease of capacity on the Eutelsat 113 West A and Eutelsat 117 West A satellites.
Patricio Northland, CEO of Eutelsat Americas, said: “Our relationship with Thema and Canal+ enters a new phase with the signature of this agreement. We plan to continue to support the growth of Alterna’TV in the Americas through our fleet of high-power satellites and unique local infrastructure. I take this opportunity to thank the Alterna’TV teams for their significant contribution to its success over the years.”
The terms of the transaction are confidential.
