All3Media to acquire NENT Studios UK from Nordic Entertainment Group.

All3Media, a British worldwide independent television, film and digital production and distribution company, agreed to acquire NENT Studios UK, a content distribution business, from Nordic Entertainment Group, a pan-Nordic media and entertainment company. Financial terms were not disclosed. "All3Media's position as a global distributor and storyteller makes it an ideal home for NENT Studios' UK distribution business. This agreement and the ongoing sale of our Nordic non-scripted businesses are in line with NENT Group's strategy of focusing on scripted content for our fast-expanding Viaplay streaming service, which will be available in at least 15 countries by 2023," Gabriel Catrina, NENT Group EVP & CFO.