ITV has taken a majority stake in Cirkus the best

first_imgITV has taken a majority stake in Cirkus, the best-of-British on-demand service.The UK broadcaster was already a minority shareholder, but has now upped its ownership level in the streaming service.Financial details were not broken out but Martin Goswami, ITV director of pay and distribution, said: “Cirkus is an important part of ITV’s international pay television distribution strategy.“We look forward to accelerating the growth of the business through investment in exclusive content rights and supporting its development as it expands into new territories.”Cirkus was launched in 2013, as first reported by DTVE sister title TBI, and ITV’s initial investment  was made a year after. The platform packages UK content from a range of suppliers including BBC Worldwide and Endemol Shine Group.ITV Studios is also a supplier, giving titles including Poldark, Vera and Lewis to Cirkus for its British-flavoured on-demand service that pay TV operators can add to their line-up as they compete with the likes of Netflix.Cirkus has launched services with Boxer and Com Hem among others in the Nordic region, and has branched out from drama to factual with the launch of the Curio brand.In recent times it has started to take exclusive rights to shows including ITV-distributed Victoria and Content Television’s Line of Duty.Cirkus bosses Mark Bradford and Hugh Williams jointly said: “ITV’s decision to step-up its investment is a tremendous vote of confidence for Cirkus.“Being the Nordic on-demand TV business of one of Europe’s largest and most successful vertically integrated content and television businesses will strengthen our position in the market enormously.”last_img read more

Timm Degenhardt Tele Columbus has appointed the ch

first_imgTimm DegenhardtTele Columbus has appointed the chief commercial officer of Swiss telecoms provider Sunrise as its new CEO.Timm Degenhardt is due to join the German cable operator on August 14, taking from current chief executive Ronny Verhelst, who is stepping down for personal reasons.Verhelst, who has been Tele Columbus’ CEO and chairman for almost seven years, will leave the company on February 1, 2018 following a five-month handover period.Degenhardt is due to be appointed to Tele Columbus’ management board on September 1, 2017 for an initial three years.During his time at Tele Columbis, Verhelst helped to transform the company from a regional infrastructure operator to a digital multimedia provider that ranks third in the German cable market.He oversaw a financial restructuring, an IPO and the acquisition of fourth and fifth-place players in the market Primacom and Pepcom.Degenhardt has been at Sunrise since 2013, where he worked first as chief marketing officer before becoming chief commercial officer last year.Prior to this he was CEO of smart home company Aizo Group and before that worked as senior vice president of marketing and sales at E.ON, based in Dusseldorf.Tele Columbus’ chief financial officer, Frank Posnanski, who has been part of the company’s management since 2011 remains in his role.last_img read more