ITV plc has acquired a majority stake in the German based production company Imago
ITV announced today that its wholly owned subsidiary Granada Germany has acquired a 51.2% stake in Imago TV Film-und Fernsehproduktion GmbH (”Imago”), the Berlin based TV production business.
The deal represents further progress towards ITV’s strategic objective of growing its production, format creation and distribution businesses in key international territories in order to increase Global Content revenues to £1 billion by 2012.
