ProSiebenSat.1 Media

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ProSiebenSat.1 Media AG
Type Aktiengesellschaft
Traded as FWBPSM
Industry Mass media
Founded October 2, 2000
Headquarters Unterföhring, Germany
Key people Thomas Ebeling (CEO and chairman of the executive board), Johannes Huth (Chairman of the supervisory board)
Products Broadcasting, Free-to-air and subscription television, television production, radio broadcasting, cable, web content, magazine publication
Revenue 3.000 billion (2010)[1]
Operating income €669.5 million (2010)[1]
Profit €312.7 million (2010)[1]
Total assets €6.316 billion (end 2010)[1]
Total equity €1.026 billion (end 2010)[1]
Employees 4,750 (FTE, end 2010)[1]
Website www.prosiebensat1.com

ProSiebenSat.1 Media AG (officially abbreviated as P7S1) is a German mass media company. It operates commercial television, premium pay channels, radio stations and related print businesses. It was formed on October 2, 2000 by merger of German TV broadcasters ProSieben Media AG and Sat.1 SatellitenFernsehen GmbH. Through takeover of SBS Broadcasting Group on June 27, 2007 it now has operations in 13 European countries.

History[edit]

ProSiebenSat.1 programs had low ratings because of unconvincing marketing efforts. So ProSiebenSat.1 was bought by the American media tycoon Haim Saban for approximately $700 million. After Saban lost interest in the company because the programs could not compete with Bertelsmann's channels RTL, Vox, and Super RTL, he started an auction to sell the company. Possible bidders were Axel Springer AG, Dogan Group of Turkey, Permira/Kohlberg Kravis Roberts and some others like Goldman Sachs. The Axel Springer AG's bid was rejected by a federal competition commission, "Bundeskartellamt", because of the influence of Springer in Germany's media who owns already the nations most selling tabloid BILD and the newspaper Die Welt. On December 14, 2006, Germany's Handelsblatt reported that the winner of the bid was the consortium of Permira/KKR. A possible bidder for the company was former Italian prime minister Silvio Berlusconi, whose family holding company controls Mediaset. On June 27, 2007, ProSieben bought SBS Broadcasting for the total sum of €3.3 billion. SBS was also owned by Permira/KKR.[citation needed]. On 14 December 2012 Discovery Communications bought the Nordic portion of SBS and renamed as SBS Discovery Media.[2] In 2013 ProSiebenSat.1 sold business in Hungary and Romania.

Divisions[edit]

German language Free-to-air, Pay-TV- and Transaction-TV Channels[edit]

Germany Austria Switzerland US, Canada, France and Russia
Free-to-air
Pay-TV

Former Channels[edit]

sonnenklar TV was sold off to BigXtra in September 2005. The pan-Nordic C More Entertainment pay-TV operation (15 linear TV channels) was sold off to TV4 in January, 2009. 9Live was a commercial German participation TV channel launched on 1 September 2001 and lasted until 9 August 2011.

Games[edit]

It owns the rights to distribute Alaplaya, GunZ 2[3] and PlanetSide 2[4]

References[edit]

  1. ^ a b c d e f "Annual Report 2010". ProSiebenSat.1 Media. Retrieved 1 April 2011. 
  2. ^ http://ir.corporate.discovery.com/phoenix.zhtml?c=222412&p=irol-newsArticle&ID=1767313&highlight
  3. ^ EU Publisher Confirmed!: ProSiebenSat.1, which owns Alaplaya, released info about their partnership with MAIET Games: "The publisher of video games ProSiebenSat.1 Group will take care of the European edition of the free action game in the third person. GunZ 2: The Second Duel should be released on PC in the last quarter of 2013. GunZ 2: The Second Duel: a sequel that is a potential success partnering with South Korean developer MAIET Entertainment , ProSiebenSat.1 Games adds another action game success of its rich catalog. " MAIET Entertainment has demonstrated the ability to create fantastic action games free of charge and we are happy to soon add another potential success to our prestigious portfolio, "said Tung Nguyen-Khac, CEO of ProSiebenSat.1 Games. "Thanks to the wide range of ProSiebenSat.1 Group we are able to reach fans of action games across Europe, "said Youngho Kim, vice president of MAIET Entertainment and product director for GunZ 2: The Second Duel. "With its strong network and experience of European publisher, ProSiebenSat.1 Games has all it takes to help us make GunZ 2: The Second Duel a great success. " The first installment of the series GunZ was created in 2004 and became a cornerstone of the action game in the third person thanks to its innovative game mechanics. GunZ 2: The Second Duel will be distributed through the European network of the ProSiebenSat.1 Group. In France and Turkey, ProSiebenSat.1 Games is also working with important partners such as Télévision Française 1 (TF1) and Dogan Media Group (KanalD)."
  4. ^ Planetside2.eu Terms: "ProSiebenSat.1 Games GmbH (hereinafter referred to as "P7S1 Games" or "We") offers consumers the online game "Planetside 2" as well as other content and services"

External links[edit]