User blog:Ootwar/Qualis acquires most of Ultra Limited

MARCH 25, 2019 - NEW YORK CITY

Today, Brittany Kurosaka announced to acquire most of the assets of Ultra Limited. This will include Ultra 2, the thematic channels, the regional channels (including Optica, Channel Z and MNC Ultra), the production company Ultra Productions and its Ultra Home Entertainment arm, the teletext service Ultra Text, the Ultra News unit and their news programs, among its other assets. However, what the deal will not include Ultra TV nor its toon-focused brand UltraToons Network (and its international channels). Those two assets will be spun off to the new Ultra Limited.

The acquisition is expected to finalize by April 2019.