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Investments

Antenna Group strives to maximize shareholder value by combining deep investment insight with proven media expertise and financial discipline.
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Antenna Group has a dedicated investment team based in London that sources and executes investments exclusively in the media, entertainment, digital and lifestyle industries. The team implements the Group’s strategy to expand its terrestrial broadcasting activities in South East Europe, strengthen its content production and distribution arm, build a portfolio of thematic channels across the world and ensure that a significant portion of future revenues will be generated by digital and mobile distribution and online ventures.

The Group aims to maximize shareholder value by combining deep investment insight with proven media expertise and financial discipline. Since the Group was founded in 1988, it has built its portfolio of media and digital operations in the world. In addition to its own brands and operations, Antenna Group has invested in a range of leading private and public companies.

Antenna Group has generated market leading returns with its investments and demonstrated its ability to successfully grow existing businesses, implement buy- and-build and start-and-build growth strategies as well as effect successful turnarounds in countries such as Bulgaria, Greece, Montenegro, Romania, Serbia and Slovenia.

This breadth of experience gives the Group exceptional expertise across its target industries and geographies, and portfolio companies benefit as much from Antenna’s strategic and operational insight as from its financial firepower. The Group can act both as lead investor and co-investor.

investments
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Kyriakou’s family first media investment by establishing Antenna Radio in Greece

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Launched Antenna TV, a pioneer in Greek private broadcasting

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Established the Antenna Studies Centre for media education to train and educate young professionals in the media industry

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Antenna Satellite launched in North America, as a pay-tv channel for Greeks abroad

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Antenna Cyprus established, free-to-air channel for Cypriot community, and became a commercial partner of the Antenna Group

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Theo Kyriakou joined Antenna

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Listed Antenna TV on NASDAQ with a market cap of $0.6bn

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Invested in NetMed

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Acquired Nova TV for $3m

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Antenna TV’s valuation reached $1bn

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Kyriakou family bought back the 19% free float and Antenna TV was delisted from the NASDAQ

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Invested in TIM Hellas

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Sold NetMed

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Sold TIM Hellas

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Sold Nova TV in Bulgaria to Modern Times Group for $970m

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Acquired Fox Televizija from News Corp in Serbia

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Invested in Facebook

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Invested in Twitter

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Invested in Jagex

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Invested in The Raine Group’s first fund

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Exapnded in Montenegro with the acquisition of Pro TV and Pro FM rebranded as PRVA

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Invested and partnered with The Raine Group

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Formed a JV with Telekom Slovenije

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Acquired Kiss TV in Romania from ProSieben Sat.1

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Established a JV with Vice Media, with presence in Greece

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Invested in Spotify

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Acquired a controlling stake in Serbian broadcaster B92

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Expanded the JV with Vice Media into Serbia and Romania

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Invested in Imagine

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Partnered with Arianna Huffington’s Thrive Global

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Launched and invested in Antenna Capital Partners

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Launced cable channels in Serbia

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Launced Thrive Global in Greece

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Invested in Cheddar

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Sold operations in Serbia and Montenegro for €180m

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Sold Planet TV in Slovenia

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Launched Thrive Global in Romania

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Touch
For media enquiries:
media@antenna-group.com
For investment enquiries:
investments@antenna-group.com