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.
US private equity company General Atlantic could acquire a minority stake in the digital business of German media group ProSiebenSat.1.
As the first OTT streaming provider, Magine TV has started offering all free-to-air TV channels of commercial broadcaster Mediengruppe RTL Deutschland in HD quality.
ProSiebenSat.1 and Discovery Communications have appointed Alexandar Vassilev as the CEO of 7TV, its joint streaming service in Germany.
The German media authorities have jointly with industry associations, cable operators and TV broadcasters founded the initiative Digitales Kabel to accompany the transition to sole digital TV distribution on German cable networks.
German media company ProSiebenSat.1 is taking over e-commerce marketer Kairion from Cocomore, thereby further increasing its activities in the ad-tech sector.
Jana Eisenstein will become Executive Vice President of the advertising platform solutions department of German media company ProSiebenSat.1 from January 1, 2018.
Peter Wick, CEO and owner of Switzerland’s largest commercial weather service Meteonews, will launch a TV weather channel on December 1, 2017.
ProSiebenSat.1 Group has hired Nicolas Eglau as Executive Vice President International.
Thomas Ebeling, CEO of ProSiebenSat.1, will leave the German media company after the annual press conference for the fiscal year 2017 scheduled for February 22, 2018.