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Latest Satellite News Discussion, HBO takes ownership of Central Europe venture at General Satellite News forum; MUMBAI: HBO has taken a 100 per cent ownership in its Central European joint venture company, HBO Central Europe. Previously, ...

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HBO takes ownership of Central Europe venture
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HBO takes ownership of Central Europe venture - 30-January-2010, 17:43

MUMBAI: HBO has taken a 100 per cent ownership in its Central European joint venture company, HBO Central Europe.

Previously, HBO Central Europe was jointly held under an equity structure by subsidiaries of HBO, Sony Pictures Entertainment and The Walt Disney Company.

HBO president programming distribution and international Simon Sutton says, "Over the past few years, HBO has moved from a series of minority equity positions to majority ownership of all of its international joint ventures. We believe HBO Asia, HBO Latin America and now HBO Central Europe are strong businesses that are well positioned to take advantage of the expanding marketplace."

Subscribers of HBO in Central Europe will continue to see the latest and biggest blockbuster hits from the ongoing output deals with major Hollywood studios including Warner Bros, Disney and Sony among others, as well as HBO award-winning original programming and local, original programming developed and produced by HBO Central Europe.

In addition to the primary HBO and Cinemax linear programming services, which are available in standard and high definition, HBO Central Europe offers multiplex services including HBO2, HBO Comedy and Cinemax 2.

An SVOD service, HBO Digital, is now available in a number of markets. HBO Central Europe serves 12 countries in the region: Poland, the Czech Republic, the Slovak Republic, Hungary, Romania, Bulgaria, Slovenia, Croatia, Moldova, Montenegro, Serbia and Macedonia.
   
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