NBCU officially absorbs Sky Vision
October 1, 2019
Sky Vision – the former sales and distribution arm of Sky – has officially transitioned into part of the NBCUniversal Global Distribution team.
The move, initially announced in April, comes after NBCUniversal’s parent Comcast acquired pay-TV giant Sky last year for $40 billion. It subsequently chose to close down its sales arm – which first opened in 2012 and hit its revenue target two years ahead of schedule.
Former Sky Vision MD Jane Millichip released a statement confirming the news. It read: “At Sky Vision, we are immensely proud of our achievements. Between 2012 and 2019 we grew the company from its indie roots and £8m revenue-base to the global success it is today, with revenues in excess of £240m, investments in 10 production companies in the UK and US, and a content catalogue of exceptional quality and commercial appeal.”
Millichip will remain at Sky Studios as its chief commercial officer, overseeing its acquired production businesses.