Italian media company Mediaset has acquired a 9.6% stake in German broadcaster ProSiebenSat.1.
German media company ProSiebenSat.1 wants to start joint initiatives in video streaming, technology as well as monetisation with its partners of the European Media Alliance (EMA).
German media company ProSiebenSat.1 will establish a new executive committee on holding level following the departure of two board members.
ProSiebenSat.1 and Discovery have won ZDF as a participant in their joint German streaming portal.
James Baker has been appointed President and Chief Operating Officer (COO) of Red Arrow Studios, the global production network of German media company ProSiebenSat.1.
ProSiebenSat.1 and Discovery join forces to build the leading German OTT platform by integrating their existing streaming venture 7TV, video-on-demand service maxdome and Eurosport Player in one place.
US financial investor General Atlantic has acquired a 25.1% stake in NuCom Group in which German media company ProSiebenSat.1 bundles its e-commerce activities.
German media company ProSiebenSat.1 has appointed Max Conze as its new CEO effective June 1, 2018.