In a move involving what are said to be the largest free-to-air commercial channel portfolios in the country for films and kids’ content, US media investment fi.
Narrative acquires Sony’s UK channels
US-based media investment firm Narrative Capital has acquired Sony Pictures Television’s portfolio of free-to-air channels in the UK, including Sony Movies and kids’ brand POP.
Daniel Levin
Seven channels have been acquired – Sony Movies, Sony Movies Action, Sony Movies Classic, Sony Channel, POP, Tiny POP and POP Max – along with digital assets such as the POP AVoD service.
Financial terms of the deal were not disclosed but Narrative says 35 channel employees in the UK will remain in London under the new Narrative Entertainment banner.
Narrative says the movies and kids portfolios it is acquiring collectively offer more than 6,400 hours of content available on Freeview, Sky, Virgin Media and Freesat.