Film distribution company Kino Lorber has acquired global media company MHz Networks, parent of SVOD service MHz Choice.
The newly combined company, Kino Lorber Media Group LLC, now has over 5,000 titles comprising more than 10,000 hours of programming under license. The acquisition of MHz Choice represents Kino Lorber’s latest, and largest, expansion into the streaming marketplace.
Kino Lorber president & CEO Richard Lorber said, “MHz’s track record of curating best-in-class series from around the world has helped it build one of the most loyal subscriber audiences in streaming. At a time when Hollywood mega-streamers are going bigger and broader, we like the idea of going deeper into specialized content to super-serve the most discerning audiences. Our highly curated approach helps us stand out from other streamers, and makes MHz Choice the perfect companion platform for audiences seeking prestige entertainment in an accessible way.”
MHz Networks began as an extension of American Public Broadcasting and was one of the earliest entrants to the boutique streaming arena with the launch of the SVOD service MHz Choice in 2015, converting on-air buyers of DVDs of its international TV programming into the digital subscriber base it maintains today.
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