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DTV Russian expansion continues

November 27, 2018 09.48 Europe/London By Chris Dziadul

Digital Television (DTV) has confirmed the acquisition of a 51% stake in Parovoz, one of Russia’s largest animation studios, for an undisclosed fee.

According to Kommersant, the remaining shares are now equally divided between Evgeny Golovin and the studio’s general director Anton Smetankin.

Commenting on the acquisition, DTV’s CEO Robert Gndolyan said: “Parovoz is our strategic partner in the production of animation and we are very pleased that it has joined the DTV group of companies”.

Broadband TV News notes that DTV is a joint venture between VGTRK and Rostelecom and manages their thematic channels.

News of the deal with Parovoz was first reported by Broadband TV News this summer.

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Filed Under: Central & East Europe, Newsline Tagged With: DTV, Parovoz, Russia Edited: 27 November 2018 09:48

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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