Anthem Sports activities & Leisure has reached a deal to purchase Canadian indie broadcaster Hollywood Suite.
The deal, monetary phrases of which weren’t disclosed, sees Hollywood Suite’s 4 linear networks and accompanying on-demand service, becoming a member of a bouquet additionally comprising Sport TV, Sport+, Combat Community, AXS TV. Anthem additionally operates film cable channel HDNet Films and owns movie distributor Gravitas Ventures.
Hollywood Suite launched in 2011 and payments itself as “the most important pure-play film service in Canada,” with a attain of over 10 million houses by way of suppliers reminiscent of Rogers, Bell and Prime Video. Its networks embody HS70s, HS80s, HS90s and HS00s, all of which present movies from the corresponding a long time. Additionally carried are collection reminiscent of Slasher, Wreck and Blumhouse’s Compendium of Horror, and, considerably surprisingly, Mr Bates Vs the Publish Workplace.
As soon as the deal closes, Hollywood Suite President and co-founder David Kines will proceed to handle the enterprise. Approval from the Canadian Radio-Tv Telecommunications Fee continues to be have to rubber-stamp the settlement.
“Anthem is targeted on offering recent and distinctive content material choices catering to a large and numerous community of passionate fanbases, and the acquisition of Hollywood Suite helps us additional that technique in a serious method,” mentioned Leonard Asper, founder and CEO of Anthem. “They’ve a confirmed observe file of success and have loved unbelievable development all through the years, with a powerful dedication to offering true film lovers with wide-ranging choices from a few of cinema’s most consequential eras. We’re proud to have them onboard, and we look ahead to working carefully with David and the Hollywood Suite group to assist them attain even higher heights.”
“With a ardour and dedication to films as deep as ours, Anthem is the right associate for Hollywood Suite,” added Hollywood Suite chief Kines. “Leonard and his group have demonstrated an unparalleled dedication to supporting cinema and unbiased platforms like us, giving viewers and subscribers the very best in film-focused content material.”
“On behalf of the board, I want to thank all of our workers during the last 13 years whose dedication and arduous work are chargeable for the extent of success now we have achieved, mentioned Jeff Sackman, co-chair of the Board of Administrators and Co-founder, Hollywood Suite. “I’d additionally wish to acknowledge the unwavering help of our shareholders who endorsed our imaginative and prescient from the start. Collectively we look ahead to supporting Anthem as they take the corporate into an thrilling new period.”
