MV Sendebetriebsgesellschaft UG intends to take over the broadcasting business from the insolvent EO Television GmbH, according to German anti-media concentration commission KEK. At its latest assembly in Berlin, KEK approved the transition.
The new operator is a subsidiary of MV International GmbH, based in Switzerland. The company also holds all shares in German Car TV Programm GmbH, which operates pay-TV channel Motorvision TV.
The majority shareholder of MV International GmbH is indirectly the entrepreneur Paul Bauer-Schlichtegroll.
The advertising-financed free-to-air channel eoTV shows films and series produced in Europe. Insolvency proceedings were opened in May 2019; negotiations with potential investors have been ongoing since then.