TV

Zodiak buys stake in Shed Media

Paris-based Zodiak Entertainment has purchased a minority stake in UK indie prodco Shed Media.
July 30, 2010

Paris-based Zodiak Entertainment has purchased a minority stake in UK indie prodco Shed Media. As first reported in C21, on June 1, Zodiak entered into a conditional sale and purchase agreement with CF I Invest C.V. and Cyrte Investments B.V. to purchase approximately 7.8% worth of shares in Shed Media plc. At that time, completion of the sale of shares was subject to the completion of Zodiak’s acquisition of RDF Media. A notification of major interest in shares released yesterday says that other conditions to complete the transaction still need to be met.

About The Author
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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