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.
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