Anthem Sports & Entertainment Acquires Hollywood Suite
The acquisition of the Canadian movie channel network awaits regulatory approval from the CRTC.
- Anthem Sports & Entertainment has purchased Hollywood Suite, a Canadian broadcaster with four HD movie channels.
- Hollywood Suite channels feature films from the 1970s to the 2000s and are available in over 10 million homes across Canada.
- Hollywood Suite President David Kines will continue to lead the company following the acquisition.
- Anthem aims to enhance its premium film offerings by integrating Hollywood Suite with its existing assets like HDNet Movies and Gravitas Ventures.
- The deal's financial terms were not disclosed and it is pending approval from the Canadian Radio-Television Telecommunications Commission (CRTC).