Svensk expands biz TV biz

Film giant buys stake in SatNet

AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company.

SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” noted SF prexy and CEO Rasmus Ramstad.

SF has taken a minority share in SatNet, but plans to expand that to a majority share in the near future.

The Swedish film and distrib outfit plans to merge an already existing business-to-business unit in its subsidiary Wegelius TV with SatNet. SF is projecting SatNet’s revs will triple by next year to some NOK 60 million ($8 million).

More Biz

  • Music Streaming Revenue placeholder

    Check's In the Mail: Sony Music Disburses $750 Million to Artists in 'Spotify Windfall' (EXCLUSIVE)

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Aretha Franklin - American Soul Singer

    Aretha Franklin Funeral, Public Viewing Plans Announced

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Stan Lee

    Judge Grants Restraining Order to Protect Stan Lee

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Prince Rogers Nelson

    Prince Estate and Sony Release 23 Long-Unavailable Albums Digitally

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Rosie O'Donnell, Frankie Shaw, David Nevins,

    Showtime Takes Boutique Approach Amid Intense Competition for Talent, Premium TV Viewers

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Ryan Kavanaugh

    Relativity Media Sale to UltraV Holdings Approved by Bankruptcy Judge

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

  • Music Streaming Revenue placeholder

    Fraud Has Become the Latest Hurdle for Music Streaming

    AMSTERDAM — Swedish film giant Svensk Filmindustri has moved to expand further into business-to-business television with the buy up of a minority stake in SatNet Norwegian business TV company. SatNet is involved with the production, development and management of digital TV and Internet-based business-to-business communications, one of several “parallel markets SF plans to enter into,” […]

More From Our Brands

Access exclusive content