Stornaway to acquire Movieola

Toronto – Stornoway Communications is acquiring a controlling interest in the new English language digital specialty channel Movieola – The Short Film Channel. Stornoway will operate the new channel in partnership with the originators and creators of Movieola – the Short Film Channel. The deal is still subject to CRTC approval.

Movieola offers viewers the opportunity to see films from the enormously popular independent short film genre. Moviela carries the best of short form film entertainment, from celebrated Academy Award® and Gemini award-winning films and film festival winners to cult favourites and experimental films – presented "uncut" and without commercial interruption.

"Movieola represents a next logical step in our continued growth into television broadcast and production generally and the entertainment genre specifically" adds Martha Fusca, President and CEO of Stornoway Communications, "the opportunity to join with the creators of Movieola to provide our viewers with so many brilliant short films is terribly exciting for all of us."

Produced and broadcast from Stornoway's state of the art digital television production and broadcast facility in Toronto, Movieola joins two other Stornoway channels – i channel and bpm:tv – in the launch of the digital specialty channels that began on September 7, 2001.

"This is a tremendous opportunity for us" says Romen Podzyhun, Head of Programming for Movieola, "Stornoway brings an unquestioned commitment to quality program production and broadcast, and has the financial resources and independent vision that will enable us to succeed."

Movieola launched on September 7, 2001 and is available to DTH subscribers through Bell ExpressVu and to cable subscribers through Rogers, Cogeco, CCSA members and Vidéotron.

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