The distributor of thematic channels “Content Union” LLC has acquired all the “Stream”TV Company’s stocks, as the “Kabelschik” informs.
The “Klub100” Brand bought out 100% share of the TV Company. It is known that the “Stream TV” owned nine TV channels like “Zdorovoe TV” (Healthy TV), “Psikhologiya21” (Psychology 21), “Usadba” (Manor), “Okhota i Rybalka” (Hunting and Fishing), “Domashnie Zhivotnye” (Pets), “Retro”, “Drive”, “Voprosy i Otvety” (Questions and Answers), as well as “Okhota i Rybalka” (International).
The “Content Union” (“Klub 100”) produces and distributes six channels like “Zoopark” (Zoo), “Russky Illusion” (Russian Illusion), “Detsky” (Childrens), “Avto24”, “Evrokino” (Euro Cinema) and “Illusion+”.
“The acquisition of the “Stream TV” will strengthen our presence in the pay-TV market in Russia and the countries of near abroad. The themes and content of TV channels complement each other harmoniously, and the merger of the brands “Klub 100” and “Stream TV” proves a consistent and logical trend in media market consolidation”, as the situation was described by Anatoly Zyablitsky, one of the “Content Union”’s top-managers.
Additional funds for the deal were provided by VTB Bank.
The Head of the “Stream” TV Company Konstantin Zakharov resigned as CEO and is planning to start his own TV project.
“For 6 years, we have managed gathering a unique team of authors, producers, editors and experts. The “Stream” TV Company has become a major player in the Russian thematic TV market, as Mr. Zakharov pointed out. The subscriber base of the “Stream” TV channels has more than doubled, accounting for 12 million unique subscribers, as of late November of present year. By 2016, The “Stream” TV Company has entered the markets of all major countries of the Russian-language broadcasting”, as Mr. Zakharov explained.
In 2017-2020, the “Klub 100” is looking forward to a steady increase in viewing and financial figures.
Let us recall that in September of present year it was reported that the merger of the “Stream” TV Company and the “Content Union” was fully expected.
