Swedish NonStop buys Star

CTV sells 5% stake in showbiz network

Swedish NonStop Television has bought the 5% stake that Canadian network CTV previously owned of entertainment channel Star! for an undisclosed sum.

This means that NonStop now has total control over Star, which broadcasts in the Scandi, Baltic and Benelux countries. The network offers celeb stories as well as red carpet coverage of showbiz events.

The deal includes NonStop getting access to CTV production until 2011.

With a view to expand in the Europe, the Middle East and Africa, NonStop CEO Ignas Scheynius said, “We are in negotiations with several broadcasters in the EMEA.”

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading