Stingray buys Dutch broadcaster Archibald Media Group

MONTREAL – Stingray Digital is buying Dutch broadcaster Archibald Media Group, a move that will add 4 million customers to its music TV channel services by increasing its presence in the Benelux market, the company announced Friday. Financial terms of the deal were not disclosed.Archibald Media Group owns and operates three TV services: LiteTV, 100% NL TV and XLNT Radio. 100% NL TV is a joint venture with RadioCorp, a local media company. “We have been committed to serving the European market since our acquisition of Music Choice International back in 2011,” said Stingray president and CEO, Eric Boyko, in the...