Fox buys SuomiTV
Fox International Channels (FIC), owned by media mogul Rupert Murdoch, acquired ailing national television channel SuomiTV on Tuesday. The purchase price has not been disclosed.
FIC, which produces news, sports and entertainment programming, says the channel will continue to be free to viewers.
It remains to be seen if News Corporation can breathe new life into SuomiTV, which has been struggling to reach viewers in Finland since being established two years ago by Canadian businessman Jeffrey Royer.
Fox says it will follow national rules requiring that Finnish-language programming be broadcast on the channel daily. Fox television shows are mainly produced in the United States.
The Ministry of Communication has granted the new owner a broadcast license extending through 2016.
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