German group invests in Romance TV

Merkur Thorhauer acquires 28.5% of pay channel

COLOGNE, Germany -- German investment group Merkur Thorhauer has acquired a 28.5% stake in local specialty pay channel Romance TV from channel founder Gottfried Zmeck. Financial details were not disclosed.

Romance TV was launched in February and caters to a largely female audience with a diet of telenovelas and German melodramas.