Liberty Global’s Chellomedia Up For Sale
Liberty Global has put its TV channels unit on the block. The Wall Street Journal reports that John Malone’s international cable business is seeking for $800M-$1B for Chellomedia, which produces and distributes TV channels in a variety of genres including sports, movies and cooking to roughly 390 million households. The division’s reach in Latin America, Eastern Europe and elsewhere has growth potential and should draw suitors. Chellomedia’s revenue last year was $514 million, from sales to Liberty Global operators as well as third parties.
HBO In Content Deal With Amedia In Russia
HBO has inked a distribution deal with Russia’s Amedia, which produces TV series, telefilms and other programming. The 11-year-old company will offer HBO fare and other premium TV content from additional U.S. and international studios. The 5-year pact includes past and current seasons of HBO series and gives Amedia access to HBO’s future productions over the lifetime of the deal.
‘Crossing Lines’ To Open Monte Carlo Television Festival
The Monte Carlo Television Festival has tapped crime procedural Crossing Lines as the premiere screening during the June 9 opening ceremony of its 53rd edition. Jointly commissioned by France’s TFI and Sony Pictures Television, the series stars William Fichtner, Marc Lavoine, Gabriella Pession, Tom Wlaschiha, Donald Sutherland and others. The series was created and developed by Edward Allen Bernero and Tandem Communications chief Rola Bauer, who both serve as executive producers.
S. Korean Helmer Boon Tops Edinburgh Jury
Boon Joon-ho will chair the international feature film competition jury at next month’s 67th Edinburgh International Film Festival. The South Korean helmer, whose English-language debut Snowpiercer is due later this year, will be joined by Game Of Thrones actress Natalie Dormer and Scottish film critic Siobhan Synnot. They will judge a selection of films that highlight filmmaking from outside the UK that is imaginative, innovative and deserving of wider recognition.