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Sony Pictures Television Networks has signed a deal with Dori Media Group to take a 50 percent stake in Televiva, an all-telenovela channel that Dori operates in Indonesia.
Dori will continue to hold the remaining half of Televiva, which broadcasts Latin American melodramas dubbed into Bahasa for the Indonesian audience.
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The channel complements SPT Networks’ existing Asian operations. The studio already has as a sizable pay-TV presence in the region, with five of its niche channels — AXN, Sony Entertainment Television, beTV, One and Animax — available on various Asian pay platforms.
Indonesia, with more than 240 million people, has a small but growing pay-TV industry, forecast to more than double to 5.5 million households by 2016. ?
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