Sony’s TV arm has agreed to buy the UK’s CSC Media Group, giving the media giant 16 new channels and two additional Freeview slots.
CSC’s channels include The Vault, True Movies, plus a basket of children’s channels.
Sony Pictures Television operates the Sony Entertainment Television, Sony Movie Channel, Movies 4 Men, and Movie Mix.
The deal will see SPT Networks become the UK’s fifth largest multichannel operator based on commercial ad views.
“The acquisition of CSC further demonstrates our commitment to the UK market and our intent to continue to grow our tremendously successful global portfolio of networks,” said Andy Kaplan, president of worldwide networks for Sony Pictures Television.
“These new channels perfectly complement our current offerings, allowing us to provide viewers with a variety of entertainment choices and advertisers with greater reach and cross-channel opportunities.”
Remy Minute, CEO of CSC Media Group, said: ”CSC has grown from a small bouquet channel operator to become one of the leading multi-channel ad-supported TV networks in the UK.
“This combination with SPT allows us to accelerate our growth trajectory, both internationally and domestically. I very much look forward to working with the team at SPT.”
