Broadcast News
Bookmark and Share
31/08/2006
Liberty Completes First Stage of IDT Acquisition
Liberty Media Corporation has completed the first stage of the acquisition of IDT Corporation’s Entertainment division, parent of Anchor Bay Entertainment.
The deal encompasses all of IDT Entertainment’s US operations and several international operations. The remainder of the deal, to include the Canadian and Australian operations, is expected to be closed in the next few weeks after regulatory approval has been given.
IDT’s Entertainment Division will come under the Starz Entertainment Group subsidiary.
Liberty President and CEO Gregory B. Maffei commented: “Joining IDT Entertainment and Starz will allow both to benefit and grow as part of an integrated media organisation with substantial programming production capabilities and access to all distribution outlets. This transaction advances our strategy of converting passive assets into operating business units.”
Jim Courter, CEO at IDT Corporation added: “In a few short years, IDT Entertainment grew from a start-up to a producer and distributor of first class animated and live action rogramming. The next phase of its development will be directed by Liberty Media, a company with a record for realising the potential of media and entertainment assets."
Liberty Media Corporation is a holding company owning interests in a broad range of electronic retailing, media, communications and entertainment businesses.
(DS/SP)
Promotion Hire

Top Broadcast News Stories
31/10/2014
Pixel Power Supplies UTV Ireland
Pixel Power has announced a deal to supply two BrandMaster branding switchers to UTV in Belfast for its new Broadcast Centre. UTV already uses Bran
31/10/2014
HHB Upgrades iZotope's RX 4
Scrub, the Soho-based division of HHB Communications, has supplied upgrades to iZotope's RX 4 audio enhancement and restoration software for London au
31/10/2014
FOR-A Renames HVS Switcher Series
FOR-A has unveiled a name change to three products within its HANABI Series of video switchers. The HVS-XT100, HVS-XT110, and HVS-XT2000 switchers
31/10/2014
Leader Instruments Supply Digital Cinematography Seminar
A multi-display test instrument from LEADER's LV538X has played a major role in the summer 2014 Digital Cinematography seminar at Maine Media College
31/10/2014
DOP Jack Shelbourne On Anton/Bauer...
Director of Photography Jack Shelbourn has revealed his choice of Anton/Bauer batteries in his kit portfolio. Mr Shelbourn has shot shorts across
31/10/2014
Production News - Keep It In The Family Filmed At BBC Elstree
BBC Studios and Post Production is supplying studio facilities at BBC Elstree Studio D for ITV game show Keep It In The Family. The ITV Studios' an
30/10/2014
EC/Japan Develop High Speed Networks
The European Commission and Japan have announced four research projects that will seek to develop new technologies for high-speed networks in dense us
30/10/2014
Radium Audio Confirmed For Bottle Yard Studios
Radium Audio is confirmed as the latest addition to the community of businesses based at Bristol's Bottle Yard Studios.

The creative audio compa

30/10/2014
Canon Releases EOS C100 Mark II
Canon has expanded its Cinema EOS System with the launch of the EOS C100 Mark II.

Building on the EOS C100, the EOS C100 Mark II offers an upgra

30/10/2014
tvONE Announces CORIOmax Upgrade
tvONE has announced a new upgrade to its CORIOmax HDBaseT Output Modules.

Now CORIOmaster, CORIOmaster mini, CORIOmatrix and CORIOmatrix mini, w