By Jake Kanter International TV Editor ViacomCBS Networks International (VCNI) has announced that it has completed a full buyout of Israeli pay-TV operator and producer Ananey Communications Group after first investing in the company in 2017.
Ananey will be consolidated into ViacomCBS’s international business, with CEO Orly Atlas-Katz now reporting to Maria Kyriacou, the president of VCNI’s operations in Australia, Israel and the UK.
Financial details were not disclosed. Additionally, Ananey’s founder and chairman, Udi Miron, will stay on as an advisor to the company.
He will also be a general partner at a newly formed media venture capital fund, Gazella – New Media Experience, which he and VCNI will invest in.
Read more on deadline.com
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