VIDEO : Hollywood Is Purchasing International Channels

Several huge Hollywood studios are looking to carry out deals with foreign acquisitions. According to the Hollywood Reporter, ?In November, CBS Corp. finished a deal to acquire Network Ten in Australia, the country's third-largest commercial channel, for $31 million... it was CBS' "first meaningful international acquisition? ? it followed a number of similar moves by Hollywood powerhouses as they... [enter] new international markets? in regions where the TV industry is less mature.? To find out more ready Hollywood Reporter?s article, ?Why is Hollywood Shopping for International TV Channels??