EspañolCULVER CITY, CA and ZURICH, SWITZERLAND (April 23, 2013) — Sony Pictures Television (SPT) Networks and Dori Media Group (DMG) announced today that they have entered into an agreement for SPT Networks to acquire 50% of Televiva, DMG’s telenovela channel in Indonesia.
Televiva, which offers viewers top quality first-run telenovelas dubbed into Bahasa Indonesia, is carried exclusively by Indovision, the nation’s largest pay TV provider. The channel is popular among women ages 15 and over and boasts high viewership loyalty for its programming.
Andy Kaplan, president, worldwide networks for Sony Pictures Television, said: “The joint-venture agreement demonstrates our continued commitment to the Indonesian pay TV marketplace. Televiva complements our bouquet of channels and we look forward to working closely with DMG for continued success.”
SPT Networks has a considerable presence in Asia, including Indonesia, where five of its channels – AXN, Sony Entertainment Television, beTV, One and Animax – are offered across pay TV platforms. The pay TV market in Indonesia, which boasted a 6.6% penetration in 2012, is expected to grow from 2.4 million to 5.5 million TV households by 2016.
Nadav Palti, president and CEO of DMG, commented: “We are very excited and appreciative that SPT Networks has chosen to partner with us in Indonesia, which has become a major market in Southeast Asia. We have developed a successful business over a number of years, but we are certain that SPT Networks’ involvement will contribute to our operations in Indonesia, as well as venture to other regions.”
ABOUT SONY PICTURES TELEVISION
Sony Pictures Television (http://www.sonypicturestelevision.com), a Sony Pictures Entertainment company, is one of the television industry’s leading content providers. It produces and distributes programming in every genre, around the world and for a multitude of platforms. In addition to one of the industry’s largest libraries of award-winning feature films, television shows and formats, Sony Pictures Television (SPT) boasts a current program slate that includes top-rated daytime dramas and game shows, landmark off-network series, original animated series and critically acclaimed primetime dramas, comedies and telefilms. SPT has 18 wholly-owned or joint venture production companies in 13 countries outside the U.S. and also maintains offices in 33 countries. SPT’s worldwide television networks portfolio includes 124 channel feeds available in 159 countries, reaching more than 840 million households worldwide. SPT also creates original content for and manages SPE’s premium video website, Crackle. Additionally, SPT owns production company Embassy Row and is a part owner of cable channel Game Show Network (GSN), 3D channel 3net, premier horror/thriller website and VOD service FEARnet and national U.S media sales company ITN Networks, Inc. SPT advertiser sales is one of the premier national advertising sales companies and handles the commercial inventory in SPT’s syndicated series as well as in U.S. digital businesses including FEARnet, DrOz.com and PlayStation.
ABOUT DORI MEDIA GROUP
Dori Media Group (https://dorimedia.com) is an international group of companies involved in all aspects of TV and new media. The group produces and distributes TV and new media content, broadcasts various TV channels and operates video-content internet sites. The group owns approximately 5,500 TV hours of telenovelas and daily series which it sells to a wide variety of audiences in more than 100 countries. It also owns and distributes a rich catalogue of non-scripted formats. Dori New Media develops and produces formats especially tailored for the internet and cellular platforms, and exploits new opportunities enabled by these new technologies.
Contact:
Michael Maney
Director, Communications
michael_maney@spe.sony.com
310-244-8834
College Hill
Mark Walter
Investor & Media relations
+44 (0)20 7866 7887
dorimedia@collegehill.com