Advanced Television

Disney acquires 20% of Vocento

February 14, 2008

Vocento has revealed that Disney has agreed to acquire 20 per cent of the Spanish media group’s Net TV unit for around E27 million. In a statement, Vocento said the sale is part of its 2008-10 strategy plan to consolidate its position as a Digital TV provider. After the sale, Vocento will hold 55 per cent of Net TV and Intereconomia will hold 25 per cent.

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