MUMBAI : The management of Jetix Italy, led by Francesco Nespega, has reached a deal with The Walt Disney Company to take ownership of the channels GXT and K2. |
GXT, a pay-TV channel launched in May 2005 and skewed towards young males, reaches 4.7 million homes on SKY Italia while K2 is a free-TV service for kids aged 4 to 14, available on DTT to 8.5 million homes and via satellite to 6.5 million homes. |
Nespega who has been managing the Jetix Italy business since 2000, has acquired 100 per cent of the subsidiary and rebranded it as Switchover Media, that operates both the GXT and K2 channels and develops other services for the Italian market. Switchover will also manage Jetix services in Italy until the Disney XD launch in the fall.