Sony Pictures Television

Press Release


SONY PICTURES TELEVISION NETWORKS INVESTS IN TURKEY'S PLANET TV


London, 7 April 2016 – Sony Pictures Television (SPT) Networks today announced that it has entered a joint venture with ad sales firm Satis Ofisi by taking a majority stake in the Planet TV channels group in Turkey, pending regulatory approval.

The deal comprises four TV channels which are all available on free to air across Turkey. Planet Pembe airs Turkish dramas and telenovelas, Planet Turk shows Turkish movies, Planet Mutfak is a cooking channel, and Planet Cocuk focuses on locally produced kids programming.

Lyle Stewart, senior vice president, SPT Networks, CEEMA, said: "Turkey is an incredibly vibrant market and we’ve been looking for the right opportunity to establish a footprint there for some time. We look forward to bringing our expertise in building strong international channel brands to Planet TV to help the portfolio go from strength to strength.”

Sevin Ergun, Chairman of Satis Ofisi, said: “Planet TV has spearheaded themed TV channels in Turkey and filled a real gap in the free to air market. The channels have a strong identity which is reflected in the success we’ve already had among both viewers and advertisers. We believe that Sony Pictures Television’s strong brand values will allow us to further build on that success.”

Under the terms of the deal, Satis Ofisi will continue to be the ad sales house for the Planet TV portfolio.

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Contact:
Saskia Wirth
Director, Communications (EMEA)
+44 (207) 533-1363
saskia_wirth@spe.sony.com

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About Sony Pictures Television

Sony Pictures Television (www.sonypicturestelevision.com), a Sony Pictures Entertainment company, is one of the television industry’s leading content providers, producing and distributing programming worldwide in every genre and for every platform. In addition to one of the industry’s largest libraries of award-winning feature films, television shows and formats, Sony Pictures Television (SPT) boasts a current program slate that includes top-rated daytime dramas and game shows, landmark off-network series, original animated series and critically acclaimed primetime dramas, comedies and telefilms. In addition to its US production business, SPT has 18 wholly-owned or joint venture production companies in 11 countries and also maintains offices in 31 countries. SPT’s worldwide television networks portfolio includes 150 channel feeds available in 178 countries, reaching more than 1.3 billion cumulative households worldwide. SPT also creates original content for and manages the studio’s premium streaming network, Crackle. Additionally, SPT owns US production company Embassy Row and is a part owner of the cable channel Game Show Network (GSN). SPT advertiser sales is one of the premier national advertising sales companies and handles the commercial inventory in SPT’s syndicated series as well as the Rural Media Group and DoctorOZ.com.