German broadcaster ProSiebenSat.1 has begun collaborating more closely with fellow European broadcaster MediaForEurope, its largest shareholder, in areas including advertising, technology, and content.
The late Italian media tycoon and politician Silvio Berlusconi, who died last month at the age of 86 after a battle with leukemia, has given his two older children, Marina and Pier Silvio, combined control of the Fininvest family holding company.
MediaForEurope will have total control of its Spanish and Italian operations, as well as being the main shareholder of the German listed broadcaster ProSiebenSat.1 Media.
MediaForEurope (MFE) has notified Austria’s Federal Competition Authority about the "acquisition of de facto sole control of ProSiebenSat1 Media DE Deutschland," the competition watchdog confirmed.
MediaForEurope, the pan-European group formerly known as Mediaset, announced the appointment of Katharina Behrends as General Manager for the German speaking region (DACH).