ProSiebenSat.1 Media
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ProSiebenSat.1 Media
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| Type | Aktiengesellschaft |
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| Traded as | FWB: PSM |
| Industry | Broadcasting, Cable |
| Founded | October 2, 2000 |
| Headquarters | Unterföhring, Germany |
| Key people | Thomas Ebeling (CEO and chairman of the executive board), Johannes Huth (Chairman of the supervisory board) |
| Products | Free-to-air and subscription television broadcasting, television production, radio broadcasting, web content, magazine publication |
| Revenue | €3.000 billion (2010)[1] |
| Operating income | €669.5 million (2010)[1] |
| Profit | €312.7 million (2010)[1] |
| Total assets | €6.316 billion (end 2010)[1] |
| Total equity | €1.026 billion (end 2010)[1] |
| Employees | 4,750 (FTE, end 2010)[1] |
| Website | www.prosiebensat1.com |
ProSiebenSat.1 Media AG is a German media conglomerate, operating commercial television, premium pay channels, radio stations and related print businesses. It was formed on October 2, 2000 by merger of German TV broadcasters ProSieben Media AG and Sat.1 SatellitenFernsehen GmbH. Through takeover of SBS Broadcasting Group on June 27, 2007 it now has operations in 13 European countries.
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Contents
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History
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This unreferenced section requires citations to ensure verifiability. |
ProSiebenSat.1 programs had low ratings because of unconvincing marketing efforts. So ProSiebenSat.1 was bought by the American media tycoon Haim Saban for approximately $700 million. After Saban lost interest in the company because the programs could not compete with Bertelsmann's channels RTL, Vox, and Super RTL, he started an auction to sell the company. Possible bidders were Axel Springer AG, Dogan Group of Turkey, Permira/Kohlberg Kravis Roberts and some others like Goldman Sachs. The Axel Springer AG's bid was rejected by a federal competition commission, "Bundeskartellamt", because of the influence of Springer in Germany's media who owns already the nations most selling tabloid BILD and the newspaper Die Welt. On December 14, 2006, Germany's Handelsblatt reported that the winner of the bid was the consortium of Permira/KKR. A possible bidder for the company was former Italian prime minister Silvio Berlusconi, whose family holding company controls Mediaset. On June 27, 2007, ProSieben bought SBS Broadcasting for the total sum of €3.3 billion. SBS was also owned by Permira/KKR.[citation needed]
Divisions
German language Free-to-air, Pay-TV- and Transaction-TV Channels
| Germany | Austria | Switzerland | US, Canada, France and Russia |
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| Free-to-air | |||
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| Pay-TV | |||
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Former Channels
sonnenklar TV was sold off to BigXtra in September 2005. The pan-Nordic C More Entertainment pay-tv operation (15 linear tv channels) was sold off to TV4 in January, 2009.
European Free-to-air, Pay-TV- and Radio channels
| Denmark | Finland | Hungary | Moldova | Norway | Romania | Sweden | ||||
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| Free-to-air | ||||||||||
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| Radio | ||||||||||
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References
- ^ a b c d e f "Annual Report 2010". ProSiebenSat.1 Media. http://prosiebensat1.corporate-reports.net/prosiebensat1/annual/2010/gb//English/pdf/report.pdf. Retrieved 1 April 2011.
External links
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