Biz news: Unitel sells out

January 6, 2017 by norman lebrecht


UNITEL GmbH & Co. KG, the leading producer and distributor of televised classical music, has sold its backlist and Classica channel to Canadian giant Stingray.

The deal is worth a reported $15 million.

Stingray wins worldwide rights to a catalogue of 1,500 titles and 2,000 hours of premium content produced and owned by Unitel.

Comments (3)

  1. Mike Schachter says:

    A tiny amount by current standards.

  2. Peter says:

    Sloppy reporting. The usage rights for the Unitel catalogue is contracted for a limited period of 11 years for 8 mio US $.
    The Classica TV platform is sold for 7 mio US $.

    Apparently those rights are not exclusive, so Unitel keeps full distribution rights for their back catalogue themselves as well apparently. At least that’s what I read out of the statement, since no exclusivity is mentioned.

  3. Jackyt says:

    What is Stingray? We subscribe to 4 classical music channels through but Brava recently became Stingray Brava and now shows mainly short clips – gone are the operas. Classica was good – showing entire operas and concerts. If they have also been swallowed up by Stingray that will be a huge loss, and only leave Mezzo & Mezzo HD showing full-length opera, concerts & ballet.
    If any reader of Slipped Disc can enlighten me I’d be very grateful.

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