Feb. 4, 2011 NEW YORK -- Bloomberg Businessweek reported media conglomerate Viacom Inc., (NYSE: VIA, VIA.B), has acquired a minority stake in Rainbow Group, a privately held animation and consumer products company based in Italy. The announcement came on Friday.
The investment comes after Nickelodeon, a Viacom subsidiary, formed a partnership with Rainbow Group that included TV rights for "Winx Club," an Italian animated TV series.
About ViacomViacom is home to the world's premier entertainment brands. Through its BET Networks, MTV Networks and Paramount Pictures divisions, Viacom connects with audiences through compelling content across television, motion picture, online and mobile platforms in more than 160 countries and territories. With approximately 170 media networks reaching more than 600 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, Spike TV and Tr3s. Paramount Pictures, America's oldest film studio and creator of many of the most beloved motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom operates more than 500 branded digital media properties, including several of the world's most popular destinations for entertainment, community and casual online gaming.
For more information about Viacom and its businesses, visit http://www.viacom.com/.
SOURCE Viacom Inc.
No comments:
Post a Comment
What do you think? Leave your comments for our artists here.