Filmnet, Columbia rumored talking

Industry sources last week said that Nethold Hellas, the owner of Greece’s pay TV Filmnet channel, has been negotiating with Columbia to sell a 12.5% stake in the net.

Although Filmnet would not confirm reports that it was negotiating with Columbia, the company issued a statement saying that Nethold Hellas SA is holding talks and negotiations with some of the most important studios to secure the best possible programming. Press Minister Evangelos Venizelos said a possible sale of part of the station would not violate an agreement Filmnet had with state-owned Hellenic Television, the Greek pubcaster, to broadcast its scrambled signal.

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