ViacomCBS Networks International (VCNI) has announced that it has completed a full buyout of Israeli pay-TV operator and producer Ananey Communications Group after first investing in the company in…
Ananey will be consolidated into ViacomCBS’s international business, with CEO Orly Atlas-Katz now reporting to Maria Kyriacou, the president of VCNI’s operations in Australia, Israel and the UK. Financial details were not disclosed.
Additionally, Ananey’s founder and chairman, Udi Miron, will stay on as an advisor to the company. He will also be a general partner at a newly formed media venture capital fund, Gazella – New Media Experience, which he and VCNI will invest in. VCNI president and CEO David Lynn said: “This deal is a logical next step to cement and enhance the long-standing and valuable partnership we have with Ananey and to secure and scale our position in the Israeli market. Ananey is a well-established and successful producer of local and global content and it is a strong fit with the rest of our international networks and studios business.
ViacomCBS and Ananey have been long-term partners. As well as running six local pay-TV stations, Ananey also operates under license local versions of MTV, Comedy Central, Nick Jr. and Nickelodeon. As a producer, it is best known for teen drama,and keep your inbox happy.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ViacomCBS Acquires Full Control of Israeli TV Company AnaneyThe studio international networks division, led by CEO David Lynn, nabbed the majority stake in the Israeli media player it didn't already own.
Read more »
'Lights Out With David Spade' Not Returning to Comedy CentralAlthough 'Lights Out With David Spade' is ending on Comedy Central, the ViacomCBS cable network will try to shop the show to other outlets
Read more »
What's on TV Monday: The Plot Against America; CoronavirusWhat's on TV Monday, April 6: The Plot Against America; Coronavirus TV Specials
Read more »
Sara Bareilles reveals she was diagnosed with COVID-19 and is now fully recoveredThe 40-year-old Grammy-winning singer, songwriter and Broadway star made the announcement that she has fully recovered after testing positive for COVID-19.
Read more »
Opinion: Kobe Bryant deserved to give what would have been a memorable Hall of Fame speechKobe Bryant was supposed to deliver a speech that fully matched his complex personality, full of epic stories about his life and love for basketball.
Read more »