German broadcaster ProSiebenSat1 Media has acquired the 70% stake in German video-sharing site MyVideo.de that it did not already own for about $26 million, according to BlogNation. The site, which was launched in April 2006, claims over 36 million unique users and 618 million page views during the month of July.
MyVideo.de is backed by Oliver and Alexander Samwer, who previously founded ringtone distributor Jamba.