Rainbow Media on Europe horizon

Company to launch overseas TV channel Rainbow Media is moving into Europe and will launch its first overseas TV channel in a major European market in the first-half of 2009. The channel will be a branded version of one of Rainbow Media's entertainment brands, which include AMC, IFC, femme net WE TV and the Sundance Channel. Rainbow is also looking to launch a pan-Latin American service, Harold Gronenthal, general manager of program acquisitions and international development, declared at Cannes Sunday. Gronenthal said the exact nature of the channel would be disclosed nearer its launch. It looks likely, however, to be a pay TV or DTT service. Rainbow's entry into Europe coincides with yet further staff announcements... [read full story]                    

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