Advanced Television

ProSiebenSat.1

ProSiebenSat.1 sells web-hosting division

German commercial broadcaster ProSiebenSat.1 has sold a web-hosting business, myLoc, to Italian cloud services provider WIIT for around €50 million The move is seen as part of its diversification strategy and designed as part of its streamlining of its non-essential elements to focus more on its entertainment assets. With five data centres and a business […]

September 23, 2020By Chris Forrester

P7Sat.1 Formula E coverage deal

From Season 7, which starts in January 2021, the ABB FIA Formula E World Championship will become the only major international motorsport on free-to-air television in Germany, with ProSiebenSat.1 airing all races live as part of new long-term partnership. The ‘ran’-racing-crew of Sat.1 will be on the ground at races bringing fans all the latest […]

August 11, 2020By Colin Mann

KKR boosts ProSiebenSat.1 stake

Germany’s ProSiebenSat.1 has acquired the free-to-air domestic TV broadcast rights package of the (DFL) Bundesliga football games for the 2021-2025 seasons. Sky Deutschland won five of the seven pay-TV packages. Perhaps coincidentally, private equity giant KKR increased its stake in ProSiebenSat.1 and now holds 6.61 per cent. Earlier KKR acquired a 5.21 percent stake as […]

June 25, 2020