IMAP is pleased to announce that cable TV channel KLASIK TV has been sold to Mondo Inc. Terms of the transaction were not disclosed.
KLASIK TV is a cable TV channel that specializes in the distribution of classic Yugoslavian movies and series. In operation since 2010, it has coverage in all ex-Yugoslavian countries, as well as several other countries across the world with strong diaspora.
Based in Belgrade, Serbia, Mondo Inc. is a regional technology company and part of Wireless Media Group. With this transaction, Mondo became 100% owner of the KLASIK TV channel.
The IMAP Southeast Europe team, led by Jurgis Oniunas, acted as exclusive financial advisor to KLASIK TV throughout the sale process.