PPF Group has raised its stake of shares and instruments in Germany’s ProSiebenSat.1 Media SE (ProSieben) to 10.1% in aggregate.
German and Arabic setbacks for Russia Today
The German service of RT (Russia Today) is no longer in operation.
Tele Columbus expands management board
Germany’s Tele Columbus has announced the expansion of its management board from two to four members, with Christian Biechteler (chief sales officer housing industry & infrastructure) and Michael Fränkle (CTO) […]
DAZN launches on Foxxum
The sports entertainment platform DAZN has launched on Foxxum CTV OS in Germany, Italy, and Spain.
Paramount+ European rollout continues
The global streaming service Paramount+ will launch in France on December 1, followed by Germany, Austria and Switzerland on December 8.
ProSiebenSat.1 takes control of Joyn, Discovery exits joint venture
ProSiebenSat.1 Group has acquired the outstanding 50% of the shares in the streaming platform Joyn from Warner Bros. Discovery for an undisclosed fee.
M7 Deutschland adds SPI/FilmBox channel
SPI’s adrenaline channel Fast&FunBox is now being distributed to 160 network operators in Germany, including PŸUR and RFT kabel, as part of M7 Deutschland’s pay-TV bouquet FamilyHD.
Telekom to sell tower assets
Deutsche Telekom has agreed to sell a 51% stake in GD Towers to DigitalBridge and Brookfield at an enterprise value of €17.5 billion on a cash and debt free basis.
Paramount+ set for DACH launch
The streaming service Paramount+ will make its debut in the DACH countries (Germany, Austria and Switzerland) in December.
KKR jointly bids for Telekom asset
KKR & Co, Global Infrastructure Partners (GIP) and Stonepeak Partners have jointly submitted a binding offer for a controlling stake in Deutsche Telekom’s tower unit.