Tapestry Intl., a New York-based TV production-distribution company, has acquired Public Television Intl., a worldwide distributor of U.S. public television programming.
The PTI acquisition enables Tapestry, which is privately held and specializes in high-brow arts and entertainment programming, to further broaden its catalog in all genres, including series, documentaries, music performance, drama and children’s programming.
No price for the transaction was disclosed.
The 12-year-old Tapestry plans to showcase the new programming as part of the “PTI Collection,” with award-winning shows such as “Infinite Voyage,””Space Age, “”Dinosaurs” and “Mr. Rogers’ Neighborhood” playing a prominent role. The agreement was inked days before the opening of the Monte Carlo TV Market (Feb. 7 -11), where the deal is being launched.
PTI is a division of public broadcaster WQED Pittsburgh and was formed in l 990 in an attempt to centralize the marketing and distribution of public television programming internationally. Programming produced for PBS stations does not, however, automatically go through PTI.
PTI’s Pittsburgh and Los Angeles offices will be consolidated into Tapestry’s New York headquarters under the management of Nancy Walzog, Tapestry Intl. VP, and Karen Rothrock, director of sales and co-production.
“We plan to be aggressive in the marketing of public television programming,” Walzog said. Tapestry will also act as a liaison between international broadcasters and U.S. public television stations for co-production and pre-sales opportunities, she added.