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Plum TV Sold To Investors Group

  • Variety, Wednesday, January 4, 2012 2:05 PM

Cable channel Plum TV filed for bankruptcy as part of an asset sale, and will be bought by an investor group that includes former Univision president Terry Mackin.

Thanks to an infusion of cash by its new owners, the decade-old Plum will continue as a "cable channel aimed at wealthy viewers in vacation hotspots," writes Andrew Wallenstein.

Read the whole story at Variety »

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