SPI International’s Kino Polska TV is now the majority shareholder of the Polish DTT movie channel Stopklatka, acquiring Agora’s 41-percent interest for a total stake of 82.6 percent.
“For us this is an important step in the implementation of the KP Group’s strategy, which is to become one of the five biggest media groups in Poland,” said Boguslaw Kisielewski, Kino Polska TV’s chairman. “Taking over Stopklatka will result in a significant increase in the group’s consolidated revenues and will present a number of benefits in such aspects as cost synergy, as well as in other areas, including future negotiations with content suppliers.”
Kisielewski added, “Stopklatka TV ideally fits our portfolio, which features mostly movie channels. Thanks to Kino Polska’s television experience and its resources, the network leads the movie channel rankings. I feel joy Stopklatka is under our wings. Our primary objective is to grow our viewership and advertising sales from the DTT segment.”
The channel has 11.4 million active subscribers.