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20th Century Fox acquires 4% stake in VoD service Chili

Monday 5 March 2018 | 14:02 CET | News
20th Century Fox has invested around EUR 6 million to acquire a 4 percent stake in Italian video-on-demand service Chili, reports Corriere della Sera. The platform was set up in 2012 by Stefano Parisi and Giorgio Tacchia, who still own 30 percent of the shares, followed by Torino 1895 Investments, a vehicle of the Lavazza family, which acquired a 24 percent stake last year. Hollywood studios Warner Bros and Paramount currently hold around 4 percent of Chili each, while Sony Pictures has 3 percent.

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Categories: Broadcast & Satellite / Internet
Companies: 21st Century Fox / Chili TV / Twentieth Century Fox
Countries: Italy
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