By Tim Dams ViacomCBS Networks International (VCNI) has acquired Israeli content producer and pay-TV channel provider Ananey Communications Group.
VCNI is acquiring the shares in Ananey it does not already own, following its acquisition of a minority stake in the company in December 2016.
Ananey’s founder and chairman, Udi Miron, will stay on in a new role as special advisor to Ananey and will also act as general partner of a newly formed venture capital fund, Gazella – New Media Experience, that he and VCNI will jointly invest in.
The fund will focus its investment in Israeli media and technology-related businesses. Ananey will now be consolidated into VCNI, with its chief CEO Orly Atlas-Katz reporting to Maria Kyriacou, president of
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