TV2 makes strategic investment in iVISJON

20-12-2004

Norway's TV2 has bought a 10 per cent stake in iVISJON, as an investment in the future of broadband services.

“TV2 strengthens our position as a content supplier to regional broadband networks. This will be vital to the further development of optimal concepts for broadband services in Norway,” comments Oyvind Klausen, CEO and Editor in Chief of iVISJON.

iVISJON delivers IPTV-services such as traditional TV-channels, video and TV-programmes on demand, local content for broadband networks as well as high-speed Internet and telephony. The company owns the distribution rights for 40 TV-channels in addition to distribution rights for films from 20th Century Fox, Warner Bros., SF-Anytime and Sandrew Metronome.

Other shareholders in iVISJON are energy group Agder Energi, regional media house Fædrelandsvennen and media group Schibsted.

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