Orbit and Showtime to merge
July 15, 2009
Bahrain-based Orbit and Dubai's Showtime Arabia are merging between the two rival pay-TV businesses. The new company is an "equal partnership" between Orbit, up until now a wholly-owned subsidiary of the Saudi Arabia-based Mawarid Group, and Showtime Arabia/Gulf-DTH which was owned by Kuwait's KIPCO and Viacom.
The new business will offer new packages to viewers on August 1, and will include HDTV in their offering.