Disney has struck a deal to move to
full ownership of children's TV broadcaster Jetix Europe.
Previously,
Disney owned 74% of Jetix Europe. Following last month deal, for an undisclosed
sum, it will own 96% of the company.
The transaction was completed
before the end of 2008. Disney said it intends to obtain ownership of 100% of
the shares in Jetix Europe.
Disney acquired its original interest in
Jetix Europe (formerly Fox Kids Europe), which reached 24 million subscribers,
when it purchased Fox Family Worldwide from News Corp in 2001.
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- When Virgin Media UK moved channels over to MPEG4
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