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Silk TV Received Licensing Rights of Broadcasting CNN, Cartoon Network and Bommerang

The largest Georgian telecommunications company, Silknet and the news media giant Turner Broadcasting reached an important deal which solidifies Silknet’s licensing rights to resume broadcasting of Turner’s premiere TV channels such as CNN international, Cartoon Network and Boomerang on Silk TV.

The license agreement authorizes Silk TV to provide these premium Turner channels to its residential, commercial and hotel subscribers through Silk TV’s basic tier package.

“We worked tirelessly with our counterparts at Turner Broadcasting to insure that the deal was done right before the holidays, because we, at Silknet believe that the return of CNN international, Cartoon Network and Boomerang on Silk TV is invaluable for TV lovers of all different demographics in Georgia, from our young audience and their parents looking to be entertained by Cartoon Network to the fans of CNN international interested in the latest world news and global business insights” said CEO of Silknet Levan Buchukuri.

Mr. Buchukuri further added that Silknet and CNN have plans for joint marketing and co-branding targeted to broaden the audience for CNN and other Turner products in Georgia. The joint marketing and co-branding is expected to appear on Silk TV sometime in spring of 2016.

JSC Silknet is the leading telecommunications service provider in Georgia offering residential, enterprise and wholesale telecommunications products including fixed broadband, TV, and fixed telephone services. With 46% of broadband markets share and wide range of internet technologies to deliver even in remote areas, Silknet makes internet more affordable in the country. As a result of unique features and TV content, Silknet has gained 46% of IPTV market in Georgia.