Ron Burgundy Posted October 21, 2014 Share Posted October 21, 2014 JERUSALEM (Reuters) - Sony Pictures Television agreed to buy 50 percent stakes in two Israeli telenovela cable TV channels from Dori Media Group, the companies said on Tuesday. Financial details were not disclosed. "This acquisition builds on our strategy to capitalize on channels opportunities around the world, which includes entering new markets," said Andy Kaplan, president of Sony Pictures Television's worldwide networks. In June, it acquired the UK's CSC Media Group. The two channels in Israel - VIVA and VIVA Plus - show telenovelas and are highly popular. ... View the full article Quote Link to comment Share on other sites More sharing options...
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