Loader Image

Investments

Antenna Group strives to maximize shareholder value by combining deep investment insight with proven media expertise and financial discipline.
Header Image

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
timeline
1988
1989
1991
1993
1996
1999
2000
2001
2003
2005
2006
2007
2008
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Investment Image

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

Investment Image

Launched Antenna TV, a pioneer in Greek private broadcasting

Investment Image

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

Investment Image

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

Investment Image

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

Investment Image

Theo Kyriakou joined Antenna

Investment Image

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

Investment Image

Invested in NetMed

Investment Image

Acquired Nova TV for $3m

Investment Image

Antenna TV’s valuation reached $1bn

Investment Image

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

Investment Image

Invested in TIM Hellas

Investment Image

Sold NetMed

Investment Image

Sold TIM Hellas

Investment Image

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

Investment Image

Acquired Fox Televizija from News Corp in Serbia

Investment Image

Invested in Facebook

Investment Image

Invested in Twitter

Investment Image

Invested in Jagex

Investment Image

Invested in The Raine Group’s first fund

Investment Image

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

Investment Image

Invested and partnered with The Raine Group

Investment Image

Formed a JV with Telekom Slovenije

Investment Image

Acquired Kiss TV in Romania from ProSieben Sat.1

Investment Image

Established a JV with Vice Media, with presence in Greece

Investment Image

Invested in Spotify

Investment Image

Acquired a controlling stake in Serbian broadcaster B92

Investment Image

Expanded the JV with Vice Media into Serbia and Romania

Investment Image

Invested in Imagine

Investment Image

Partnered with Arianna Huffington’s Thrive Global

Investment Image

Launched and invested in Antenna Capital Partners

Investment Image

Launced cable channels in Serbia

Investment Image

Launced Thrive Global in Greece

Investment Image

Invested in Cheddar

Investment Image

Sold operations in Serbia and Montenegro for €180m

Investment Image

Sold Planet TV in Slovenia

Investment Image

Launched Thrive Global in Romania

Investment Image

Acquired Sony Pictures Television Network Portfolio in Central and Eastern Europe

Investment Image

Antenna Group acquires cinema chain Village Roadshow Operations, Greece

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