IC Acquires Punch TV
- June 21, 2012
Los Angeles-based IC Places Inc. has agreed to acquire Hollywood-based Punch Television Networks, including TV stations, licenses and rights to all TV programming on its roster. The deal is expected to close the first week of July, and Punch TV Network President Joseph Collins will become CEO of IC, and will become joint chairman of its board along side current IC President-Chairman Steven Samblis.
