Disney ups Jetix chunk

Disney has acquired the outstanding shares of Jetix Europe.
Publish date:

The purchase of the 11 per cent share brings Disney's ownership of the pan-European kids entertainment company to approximately 96 per cent.

Following completion of the deal at the end of the year, Disney intends to obtain ownership of 100 per cent of the shares in Jetix, including through statutory buy-out proceedings. In addition, Disney and Jetix intend to seek termination of Jetix's listing on Euronext Amsterdam.

The acquisition will position Disney to better serve its large and growing Jetix audience and distribution partners through improved programming, more targeted branding, more integrated management and implementation of company-wide synergies.

“Television continues to be a strong brand builder for Disney around the world and this investment enhances our efforts to reach kids and families,” said Anne Sweeney, co-chair, Disney Media Networks and president, Disney-ABC Television Group.

“By achieving operating efficiencies, we will have additional opportunities to create more family-friendly programming and locally-produced content across Europe.”



Disney up in Q2

Disney?s second quarter results show an increase in both profit and turnover. Disney said net income was $1.13 billion, or 58 c


Disney dips in Q1

Disney's president says the firm will be reducing costs after first quarter results saw group turnover and profit both fall.

Featured Jobs


Marketing Director UK

Gameplan I Southeast of England I Salary: Competitive I Date Published Monday 7th January 2019

Rainbow logo landscape_home of classic Final

Product Manager

Rainbow Designs Ltd I Olympia, London I Salary: Competitive I Date Published Wednesday 16th January 2019