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London 09/01/2008-Overseas property on the TV is set to take a leap forward as Fox International Channels (FIC) announced today it has acquired a controlling stake in UK based media company Real Estate TV (RETV).
With its launch three years ago, RETV created a whole new media vertical specifically addressing the needs of viewers interested in real estate. Currently you may find them on Sky Digital, BT Vision and Virgin TV Launched in October 2004, as a partnership between the directors of Bruce Dunlop & Associates and Mark Dodd, Real Estate TV is the UK’s leading property channel aimed at viewers looking to invest, or simply keep their fingers on the pulse of the property market, both at home and abroad. The overseas property tv channel broadcasts information on buying, selling, and property investment. It is available on Sky channels 273/274, Virgin Media, BT Vision and also via, its award winning broadband IPTV service on its website
More about Real Estate TV
Mark Dodd, Managing Director for RETV is excited about the opportunities around the corner. ‘By becoming part of FIC’s international bouquet of channels, RETV will be able to leverage the company’s publishing, online and other channels to further improve our viewers experience while enhancing at the same time the value proposition we can offer to our advertisers’. Along with substantially increasing consumer marketing, cross promotional efforts and expanding its library of acquired programming, RETV will be producing a range of new property series, aimed at informing, entertaining and educating audiences over the coming year. 2008 is certain to be a challenging one for the global real estate market, and consumers will need as much information as possible to make the right investment and home purchasing decisions. RETV’s new series will be there to help viewers make informed and profitable real estate decisions. FIC, a unit on FOX Entertainment Group is the wholly-owned global pay television subsidiary of News Corporation. FIC develops and distributes wholly- and majority-owned entertainment, factual, sports, and movie channels in virtually all markets across Europe, Africa, Latin America, and Asia. Using a variety of strong brands, FIC broadcasts over 80 television services in 29 languages. These networks and their related mobile, online, and other distribution extensions, reach over 100 million subscribing households.
David Haslingden, CEO of FIC says: ‘RETV is addressing an attractive and underserved media market with strong growth potential. Our strategy has always been to find innovative brands that satisfy market gaps and then use our distribution power and know-how to extend these globally. We will work aggressively to rollout the RETV service to other key markets around the world’. Thousands overseas properties for sale at HomesGoFast.com
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