Antenna Group, an international media and entertainment organization with assets and investments in 40 territories, has agreed with Eurobank to acquire the market leading multiplex cinema chain Village Roadshow Operations in Greece for an undisclosed price.

This is Antenna Group’s first acquisition in the cinema sector. Village Roadshow Operations no longer has any affiliation with the Australian company, Village Roadshow, which sold its greek operations in 2009. Currently Village Cinema Operations has a 42% market share in the territory, where it operates 62 screens and shows both Hollywood blockbusters and international films.