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
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

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