CSTV Networks, Inc.

During the period of TowerBrook Fund I’s investment, CSTV Networks, Inc. became a significant US media company dedicated to college sports. The company consisted of two divisions: College Sports Television (CSTV) and College Sports Online (CSO). CSTV launched in April 2003 and was the first cable channel focused exclusively on college athletics, televising more college sports than any other network. CSO was an online destination for college sports and managed websites for the athletic departments of over 180 universities around the US. TowerBrook exited its investment in 2006 via a sale of CSTV Networks to the CBS Corporation.