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beIN Media Group (beIN MEDIA) announced on Sunday that the acquisition of DP Acquisitions B.V., the holding company of the Turkish digital platform group operating under the name Digiturk, from Çukurova Group and funds controlled by Providence Equity Partners is now completed.
beIN Media group is a diversified media company active in both sports and entertainment. Its assets include beIN Sports, a premium and leading television network present in around 36 countries in North America, Mena, Europe and Asia through 38 channels. In November 2015 a new platform was launched in Mena including 28 beIN owned channels with 20 related to sports, 4 to movies and 4 to kids, in addition to growing numbers of third party channels. In March 2016, beIN acquired MIRAMAX film studios offering movie production capabilities and a library of over 700 films to the group.
Digiturk is the leading pay-TV operator in Turkey with approximately 3.3 million subscribers, offering a premium mix of leading sports and entertainment content across 219 standard and high definition national channels. In addition to all main Turkish channels in high definition, key content on offer to subscribers includes: Sports,: Digiturk comprises Spor Toto Super League, LaLiga Santander, France Ligue 1, France Coupe de La Ligue, Brazil Serie A, Turkish Airlines Euroleague, Spor Toto Basketball League, ATP Masters 1000 Tennis and a whole variety of top-class sports content.
Entertainment: Digiturk offers showcasing movie and series from the leading studios across the world including Disney, Paramount, 20th Century Fox, Warner Brothers, Universal, HBO and Lionsgate.
Nasser Al Khelaïfi, chairman and chief executive officer of beIN Media Group, said: "This acquisition represents the largest deal in the history of our group and a major milestone in our global expansion. Furthermore, this acquisition underscores our commitment to provide the highest quality broadcast experience in high growth potential and mature markets.
- business@khaleejtimes.com
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