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Media Broadcast selects Newtron for FM business auction

July 10, 2017 11.15 Europe/London By Jörn Krieger

German transmitter network operator Media Broadcast plans to auction its FM antennas and transmitters to the highest bidders as part of an electronic auction.

For the process, the company will use the auction platform operated by Newtron, a German provider of web-based solutions for optimising business relationships between suppliers and sales or purchasing companies.

Newtron will handle the service prior, during and following the e-auction and also train the participants.

Media Broadcast announced in February 2017 to sell its FM infrastructure to focus on digital growth areas and services, in particular DVB-T2 and DAB+. The mandate to look for potential buyers was awarded to Belgravia, a German M&A and corporate finance consultancy.

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Filed Under: Distribution, Finance, Newsline, Platforms, Radio, Terrestrial Tagged With: auction, Belgravia, Media Broadcast, Newtron Edited: December 18, 2017 13:26

About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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