Movieola to buy U.K. satellite channel propellerTV

TORONTO – Canadian specialty service Movieola announced this morning it has reached a definitive agreement to acquire controlling interest in propellerTV, a U.K./European-wide satellite channel currently available to more than 8 million Sky subscribers. Financial terms were not disclosed. “We are delighted to be able to provide greater access to more viewers, across more platforms. Movieola’s premium short-form programming coupled with Propeller’s strong showing among U.K. and European audiences, makes them a fitting partner for our international expansion goals and will provide a boost in exposure for Canadian films and filmmakers abroad,” said Romen Podzyhun, president and CEO of Channel...