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Flextech Buys Distribution Company
Flextech has agreed to buy international TV programme distributor Minotaur. Chairman and chief executive of pay-tv group, Adam Singer, said the move signalled his group’s determination to be an important player in the programme rights business.
“Minotour will give the group skills in co-production, and significantly enhances its relationships with the independent production sector. The fusion of Flextech’s cable and satellite distribution arm with Minotaur’s international distribution expertise will create a powerful platform to develop new content and create fresh rights streams.”
Completion of the deal will see a change in the management structure of the group. Jane Lighting, Minotaur’s founder and managing director, will also become chief operating officer of television and content for Flextech. She will report to Brent Harman who will become group managing director.
Flextech: 0171 299 5000
