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
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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