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RTL Group Sells Stake in BroadbandTV for $120 Million as BBTV Launches IPO

European media conglomerate RTL Group has sold its entire stake in BroadbandTV, the digital media and tech company, for $120 million. RTL’s sale of its holding comes as BBTV launched an initial public offering on the Toronto Stock Exchange, and under which BBTV founder and CEO Shahrzad Rafati (pictured above) has become the controlling stakeholder. […]

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