Saban's German bid accepted
KirchMedia's creditors have approved US media mogul Haim Saban's offer to buy a controlling stake in Germany's ProSiebenSat.1 media group.The insolvent KirchMedia announced that its creditor committee had voted unanimously to accept the proposal of insolvency administrator Michael Jaffe to sell KirchMedia's shares in ProSiebenSat.1 Media AG to Saban Capital Group.
Continue reading – simply subscribe below
It takes just two minutes and you’ll immediately gain full access to ScreenDaily.com, PLUS Screen International monthly magazine delivered to your door.
Screen International Subscribers:
If you are a Screen International subscriber please sign in with your email address and click submit:
Not a Screen International subscriber?
Sign up today for immediate and complete access to screendaily.com and the monthly Screen International magazine for as little as £19.95 a month!
Find out more about all the benefits of a subscription to Screen International.