SPI International takes over majority of Stopklatka TV from Agora!

SPI International owned Kino Polska TV SA takes over majority of DTT station Stopklatka TV from Agora! Kino Polska becomes a top advertising player in Poland along with its prominent pay TV business.

SPI subsidiary Kino Polska TV SA, owner of television networks Kino Polska, Filmbox, Kino TV and Zoom TV has acquired from Agora SA 41% shares of Stopklatka SA (the company broadcasting Poland’s top terrestrial movie channel). As a result, Kino Polska TV SA now owns 82.6% shares becoming Stopklatka's majority stakeholder, which significantly strengthens KPTV’s position among the largest media groups in the country.
 
The deal followed a letter of intent and was signed earlier in March announcing the potential acquisition by Kino Polska TV SA of the entire Agora’s stake in Stopklatka.
 
- I am glad we have successfully completed this transaction. For us this is an important step in the implementation of the KP Group's strategy, which is to become one of the five biggest media groups in Poland. Taking over Stopklatka will result in a significant increase in the group's consolidated revenues and will present a number of benefits in such aspects as cost synergy, as well as in other areas including future negotiations with content suppliers - comments Boguslaw Kisielewski, Kino Polska TV SA Chairman of the Board.
 
Kino Polska TV SA has been Stopklatka’s shareholder since the channel was first broadcast in March 2014. Due to the TV know-how contributed by Kino Polska In content acquisition and distribution and with valuable support from SPI International the channel achieved spectacular success within a short period of time becoming the number one movie channel in Poland.
 
In August 2014, after only 6 months of broadcasting, Stopklatka TV gained 1% audience share in the commercial segment. In the past 10 years no other channel achieved such a result in such a short amount of time. The channel has been consistently growing revenues from advertising sales – in Q1 2018 they were 2.7% higher than in the same period of 2017.
- Stopklatka TV ideally fits our portfolio which features mostly movie channels. Thanks to Kino Polska’s television experience and its resources, the network leads the movie channel rankings. I feel joy Stopklatka is under our wings. Our primary objective is to grow our viewership and advertising sales from the DTT segment. At this point I’d like to thank Agora SA for the few years of fruitful cooperation - added Mr Kisielewski.

Stopklatka TV has nationwide reach and is available in DTT (MUX-1), as well as in most TV offers from major cable networks and DTH platforms. Stopklatka TV reports 11.4 million active subscribers.
 
Kino Polska TV SA is consistently building its position in the terrestrial television market. It is worth mentioning that this January the company became the sole owner of the Zoom TV terrestrial TV channel when acquired from the Polish Chamber of Electronic Communications 236 shares owned by Cable Television Networks & Partners sp. z o.o., the company broadcasting the channel. Stopklatka joins the Kino Polska TV SA portfolio consisting of Kino Polska, Kino Polska Muzyka and just mentioned Zoom TV.