People/Biz

Viacom acquires stake in Ananey

Viacom International Media Networks (VIMN) has acquired a minority share in Israeli pay TV channel provider and content producer Ananey Communications Group. The two companies have been long-standing business partners in ...
January 12, 2017

Viacom International Media Networks (VIMN) has acquired a minority share in Israeli pay TV channel provider and content producer Ananey Communications Group.

The two companies have been long-standing business partners in Israel. Ananey represents Viacom’s global brands in the country – including MTV, Comedy Central, Nickelodeon, and Nick Jr – alongside their own fully owned and operated channels. They also rep Viacom’s programming sales and consumer products business.

“We look forward to working with Viacom to create new horizons for the traditional pay TV market and for the dynamic digital world and leveraging the strong Israeli start-up market to advance our shared digital vision,” said Udi Miron (pictured), founder and chair of Ananey.

VIMN senior VP and GM for central and eastern Europe, and Israel, Bartosz Witak, has joined the board of Ananey.

The deal now give Viacom the option to acquire a controlling stake in Ananey in the future, according to a joint statement issued by the companies.

 

About The Author
Managing editor with realscreen publication, an international print and online magazine that covers the non-fiction film and television industries. Darah is an award-winning journalist who has spent over two decades covering a wide range of issues from real estate and urban development to immigration, politics and human rights, primarily with The Vancouver Sun. Prior to joining realscreen, she was editor of Stream Daily, realscreen's sister publication covering the dynamic global digital video industry. She also served a stint as a war reporter in Afghanistan for television and print, and was a national business blogger with Yahoo Canada.

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