Sony Pictures Television Networks has sold the brand assets of Film1, a Dutch pay-TV and video-on-demand service, to SPI International. Financial terms were not disclosed.
SPI, which operates 40 television channels and movie services on six continents, will continue to operate all of Film1’s digital services and related platforms.
As of Aug. 1, SPI will fully own the Film1 brand and will operate four pay movie services brands under the Film1 umbrella: Film1 Premiere, Film1 Drama, Film1 Action and Film1 Family.
SPI will continue to offer both linear channels as well as its digital services in the Netherlands. Film1 currently offers Dutch and international productions on its movie channels, which are available on various cable, DTH, and IPTV platforms.
“SPI has been providing premium movie services for hundreds of operators in 45 countries for over 20 years,” Berk Uziyel, CEO of SPI International, said in a statement. “Through the addition of the Film1, we are proud to share our extensive selection of premium content with all movie lovers in the Netherlands.”
Under SPI ownership, Film1 will feature a wide variety of premium movies from global distributors that their subscribers will be able to access on all screens.
As part of SPI’s multi-territory deals with global content production and distribution partners, Film1 will feature an extensive selection of premium content that caters to a multitude of tastes and needs and will be offered completely ad-free in the Netherlands.