EuroMedia (company)

EuroMedia is a Euro Republican based mass media company owned by TVVT, Modern Times Group and T-Media.

History
In 1987, EuroMedia was founded to be the parent company of a possible new third channel which eventually launched as TV3. In 1992, they acquired Granada Television (ITV’s North West affiliate) and the year after, they acquired Canal+ Group, expanding their service into France. This expanded in 1998 when 20% of Swedish company TV4 AB from Bonnier. In 2003, they got access to the entire ITV. Then in 2005, for 5 million euros, they bought the Australian Nine Network. In 2010, after an attempted buyout by BSkyB, EuroMedia bought Virgin Media Television, and was renamed Living TV Group in the process. In 2015, EuroMedia bought 50% of RTL Group from Bertelsmann, this gave them access to FremantleMedia shows. They are currently intrested in acquiring the UK‘s Channel 5 from ViacomCBS to merge it with their ITV operations. They previously were interested in buying El Kadsre’s Banushen Media Corporation from MatsuMedia but left them alone. An acquisition of DPG Media is pending and will be complete by May 1, 2020.