This news comes on the heels of Verticast launch of its sports channels CSport and cSport2 and its growing issues with Flow and Digicel.
Headed by Oliver McIntosh, Vertcast will acquire CVM Television Limited from Portland Holdings Limited. Oliver MacIntosh is an experienced Media professional who helmed Sportsmax for over two decades before its sale.
Founded in 1990 and operating since 1993, CVM Television Limited operates Jamaica’s second-largest television station, CVM TV, and CVM+ a secondary channel for extra content, sports, and entertainment.
Portland Holdings Limited is owned by Michael Lee-Chin who acquired the company in 2006.
VertiCast broadcast rights include FIFA World Cup Qatar 2022, England’s Premier League, the NFL, all national team football from Europe, and EURO 2024/2028 across the Caribbean.