Monday, 5 January 2009

Mediaweek: Disney has took over Jetix

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.