DENVER,CO – WFN: World Fishing Network USA has sold off 50% of its operations to sports media and entertainment company Altitude Sports & Entertainment. Financial terms of the deal were not disclosed.
As part of the transaction, WFN will relocate its U.S. operations in Denver to Altitude’s Network Operations Center in Centennial, Colorado. WFN’s Canadian operations will remain headquartered in Toronto.
"We are thrilled to join with Insight Sports as partners in the World Fishing Network," said Altitude president and CEO Matt Hutchings, in the announcement. "WFN is a first-class operation, and its team, led by Mark Rubinstein, has done a fantastic job in the launch and roll-out of this high-quality Network. We look forward to working alongside them to build the WFN business and expand its brand."
Founded in 2005, WFN is available to more than 20 million households in the U.S., Canada and the Caribbean through its standard and high definition channels, video-on-demand, on-line and mobile platforms.
"By partnering with Altitude Sports, WFN will have access to enhanced programming, marketing, sales, technical and other benefits that will enable us to provide the leading cross-platform media experience for the large and under-served community of passionate anglers," said WFN president and CEO Mark Rubinstein. “Our partnership with Altitude will further power our TV Network distribution roll-out and the on-going positive growth of our on-line and mobile communities."
Seen in more than 3.1 million homes in a 10 state territory and a total of 6.3 million homes nationally, Altitude is the television home of the Colorado Avalanche (NHL), Denver Nuggets (NBA), Colorado Mammoth (NLL) as well as other local and regional sports, entertainment and public service programming.
