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Consortium’s acquisition of controlling stake values StarzPlay at $420m

(Photo by Gareth Copley/Getty Images)

An Emirates-based consortium has signed a binding agreement to acquire around 57 per cent of StarzPlay Arabia, the subscription video-on-demand service.

The consortium comprises E-Vision, owned by e& (previously Etisalat Group), and ADQ, an Abu Dhabi-based investment and holding company.

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