×

Polish satcasters merge

New platform to be controlled by Canal Plus

PARIS — Canal Plus and UPC have agreed to merge their Polish satellite platforms Cyfra Plus and Wizja TV, ending years of costly rivalry between the two TV groups.

The move follows similar deals in Italy and the Nordic territories and completes Canal Plus’s 2001 objective to streamline its loss-making international operations.

The combined Polish platform will have 700,000 subscribers, easily surpassing the break-even 500,000 target the two platforms were unable to achieve on their own. Each had roughly 350,000 subs.

The new company, called TKP, will be managed and controlled by Canal Plus, which will own 75%. Amsterdam-based UPC will hold 25% and will also receive 150 million euros ($134 million) in cash.

Canal Plus’s Polska premium channel will be included in TKP and UPC’s Polish cable network will also carry the channel, making it available to an additional 1 million Polish homes.

Christian Kozar, Canal Plus Poland’s general manager, told Daily Variety: “It was either merge or the two platforms died. We have chosen to live together.”

More Biz

  • Roc Nation Label Names Shari Bryant

    Roc Nation Label Names Shari Bryant and Omar Grant Co-Presidents

    Roc Nation has named Shari Bryant and Omar Grant co-presidents of the Roc Nation Label, the company announced today. The two will lead the Roc Nation team to develop strategies for signed artists while continuing to build the talent roster, according to the announcement. “There is no better way to celebrate my 20th anniversary in the [...]

  • Bert Salke and Jennifer Salke

    Feds Looked Into Amazon Studios Chief Jennifer Salke in College Admissions Scandal

    Federal investigators looked into Amazon Studios chief Jennifer Salke and her husband, Fox 21 Television Studios president Bert Salke, as they conducted a sprawling probe of cheating in elite college admissions, a source close to the case told Variety. It does not appear, however, that prosecutors will charge the Salkes in the case. The Salkes [...]

  • Variety Cord Cutting Placeholder Cable

    Big Blackout Looms as CBS, AT&T Go Down to Wire on Renewal Talks

    A blackout affecting CBS stations in major markets throughout the country looms as CBS and AT&T executives go down to the wire on negotiations for a retransmission consent deal covering 28 O&O stations. The sides have sparred publicly during the past few days as 11 p.m. PT Friday expiration of the previous contract approached. AT&T [...]

  • Contract Placeholder Business WGA ATA Agent

    ICM Responds to WGA Packaging Lawsuit: Claims are 'Baseless' and 'Absurd'

    ICM Partners has asked a judge to dismiss the lawsuit filed against four major talent agencies by the Writers Guild of America as part of the larger war between agencies and the guild over packaging fees on TV series and movies. The guild sued ICM, CAA, WME and UTA in California state court in April, [...]

  • New York City NYC Placeholder

    CityFM Podcast Takes a Deep Look at New York’s Music Scene (Listen)

    First among the many projects listed at the beginning of New York Music Month in June was a WNYE radio show and podcast called CityFM that promised to “explore the city’s music culture, emerging artists and trends, and upcoming events told through the lens of what’s happening around the city in Summer 2019.” And while [...]

  • Live Nation Logo. (PRNewsFoto/Live Nation)

    Live Nation Confirms Placing Tickets Directly on Secondary Market at Artists’ Request

    Representatives for Live Nation, the world’s largest live-entertainment company and owner of Ticketmaster, confirmed that it bypassed conventional channels and directly placed thousands of concert tickets on the secondary market upon artists’ request, in an article published in Billboard. In a statement shared with Variety, the company acknowledged that it has facilitated the transfer of [...]

More From Our Brands

Access exclusive content