Wolfgang Elsäßer, long-standing managing director of Astra Deutschland and most recently head of TV at Deutsche Telekom, will make a move to Switzerland.
Swiss telco Swisscom has fully acquired Swiss media and cinema company Cinetrade, operator of pay-TV broadcaster Teleclub.
Switzerland’s domestic telco Swisscom wants to launch a video-on-demand (VOD) service on its IPTV platform Swisscom TV later this year offering movies, series and documentaries for a monthly flat fee.
Swisscom has taken its stake in the Swiss premium rights holder Cinetrade to 75%. The operator has owned 49% in the business, which has a minority holding in paycaster Teleclub since 2005.