US investment group Providence is moving ahead with plans to sell German home shopping TV network HSE24.
German home-shopping channel HSE24 will be part of the German DVB-T2 network launching in urban areas on March 29, 2017.
German home shopping network HSE24 Group and the Middle East Broadcasting Center (MBC) have signed a joint venture agreement to establish a home shopping company in the Gulf Cooperation Council (GCC).
Sonja Piller will become the new CEO of German home-shopping broadcaster HSE24 on February 1, 2017.
German teleshopping broadcaster HSE24 wants to push on its international expansion this year.
Axa Private Equity has sold the majority of HSE24, the international TV home shopping group, to Providence Equity Partners. Axa will remain a 15% shareholder.
Broadcast facilities company Media Broadcast will switch on four new DTT channels in the areas of Hanover and Braunschweig on June 1.
The German home shopping channel HSE24 will launch an HD version on the Astra position at 19.2 degrees East on September 1. The broadcasts will be free to air with full 24 hours a day of programming.
HSE24 Italy has started broadcasting as a 24/7 home shopping channel in Italy. The venture is a fully owned subsidiary of Munich based Home Shopping Europe GmbH. With its headquarters in Rome, the channel now employs around 30 people,
The German home-shopping channel HSE24 will start broadcasting in Italy in 2011. Using capacity on the digital terrestrial network, HSE24 hopes to reach 80% of the population by mid-2011.