DIGICEL ACQUIRES SPORTSMAX
Thursday 18th September 2014 – Kingston, Jamaica: Digicel today announced that it has acquired majority ownership and control of St. Lucia-based International Media Content Ltd., parent company of regional sports broadcaster, SportsMax, and North American broadcaster CEEN-TV, for an undisclosed sum. Under the terms of the deal, the founder and a number of the lead principals will continue to have an ownership stake and be involved in the day-to-day running of the IMC operation.
Currently available in 23 countries across the Caribbean, SportsMax is the Caribbean’s first and only indigenous 24-hour dedicated sports cable channel featuring a strong mix of international, regional and local sports content. Its large inventory of coveted content includes the Barclays Premier League, UEFA Champions League, West Indies cricket, the Indian Premier League and the IAAF Grand Prix.
IMC has been responsible for the broadcast of major international events such as the FIFA World Cup tournaments since 2006, including this summer’s event, and the 2012 London Olympics. In 2013, SportsMax launched its 24-hour Spanish language channel, CDN SportsMax, in the Dominican Republic which includes similar content as SportsMax plus Major League Baseball.
Ranked as the number one viewed sports channel in the region, the move to acquire IMC/SportsMax comes hot on the heels of Digicel’s entry into the cable TV market with recent acquisitions in Anguilla, Dominica, Jamaica, Montserrat, Nevis and the Turks and Caicos Islands.
Commenting on the acquisition, Digicel Group CEO, Colm Delves, said; “As a complete communications solutions provider, it’s all about ensuring our customers enjoy access to the best multimedia content on the best devices via the very best network and that we meet all of their communication, entertainment and networking needs. SportsMax represents the perfect blend of sports entertainment and infotainment with a Caribbean flavour and I would like to take this opportunity to welcome the team to the Digicel family.”
Patrick Rousseau, Chairman of IMC and SportsMax, comments; “Our commitment to excellence and blazing a trail across the region mirrors Digicel’s own commitment to delivering the very best for its customers. We are delighted to be joining with them and working together to continue delivering the best sports on television and growing our audience and reach across the Caribbean and North America.”
Digicel Group is a leading global communications provider with operations in 32 markets in the Caribbean, Central America and Asia Pacific. After 13 years of operation, total investment to date stands at over US$5 billion worldwide. The company is renowned for delivering best value, best service and best network.
Digicel is the lead sponsor of Caribbean, Central American and Pacific sports teams, including the Special Olympics teams throughout these regions. Digicel sponsors the West Indies cricket team and is also the presenting partner of the Caribbean Premier League. In the Pacific, Digicel is the proud sponsor of several national rugby teams and also sponsors the Vanuatu cricket team.
Digicel also runs a host of community-based initiatives across its markets and has set up Digicel Foundations in Haiti, Jamaica, Papua New Guinea and Trinidad and Tobago which focus on educational, cultural and social development programmes.
SportsMax is the Caribbean sports channel of choice, committed to providing sporting content of the highest quality to the Caribbean, delivered by a team of highly innovative, passionate and qualified professionals.
SportsMax is transmitted regionally to 23 countries through cable operators in the Caribbean. SportsMax, since 2002, has broadcast exclusively the most watched sports, including The Barclays Premier League, the FIFA World Cup, The UEFA Champions League, WORLD CUP Qualifiers, COPA AMERICA, WEST INDIES AWAY TOURS, the Indian Premier League, The Australian Big Bash, THE ASHES as well as all international cricket from Australia, India, New Zealand and England, and select IAAF Grand Prix meets featuring the Caribbean & the world’s best athletes within each season.
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