German Economy Online

Wednesday, July 29, 2015

Media Industry: Axel Springer and ProSiebenSat.1 plan no merger – ZEIT ONLINE

29th July 2015 15:49 Clock

The rumors of a merger between ProSiebenSat.1 and Axel Springer are off the table.

The rumors of a merger between ProSiebenSat.1 and Axel Springer are off the table. | © Michaela Rehle / Reuters

The media groups Axel Springer and ProSiebenSat.1 not want to merge. About a cooperation for the promotion of digital start-ups, no further cooperation was planned, said a spokesman for ProSiebenSat.1. Also, a Springer spokeswoman denied the project.

Digital business ideas and start-ups want the two companies in the future but jointly promote. For this purpose, about joint investments in companies and funds and a network of support programs are planned.

Axel Springer is Europe’s largest media company, the broadcasting group ProSiebenSat.1 in turn among the private channels the highest market share. The estimated fair value of both companies would have amounted to a total of around 14.4 billion euros.

The companies have already in 2005 held talks about a takeover. At that time, Springer ProSiebenSat.1 wanted to take for five billion euros. However, the Cartel Office and the Commission on Concentration in the Media (KEK) rejected the merger. Last year, the Federal Administrative Court had declared the refusal of CEC for not lawful and thus ten years after the judgment opens up new negotiations on a takeover.

Home

<- google_ad_section_end ->!

LikeTweet
Posted by Julio at 12:28 PM
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Popular Posts

  • German Post starts SIMSme: Post-Messenger to WhatsApp competition … – ABC Online
    German Post starts SIMSme: Post-Messenger to WhatsApp competition … – ABC Online Updated on Wednesday, 8/13/2014, 19:54 “socInf...
  • Again warning strike at Deutsche Post – Göttinger Tageblatt
    Bonn . Empty many boxes: mail and parcel delivery of mail have again stopped work all over Germany on Saturday. The trade union Verdi had ...
  • Mail and parcel delivery Deutsche Post strike – Reuters Germany
            Dusseldorf (Reuters) – In the wage dispute with Deutsche Post aims to increase the trade union Verdi on Friday with strikes in ...
  • Why the struggle for the deepening of the Elbe river shows a Dilemma – THE WORLD
    E s is a severe setback for Hamburg. The Federal administrative court has the planned deepening and widening of a still not released. The fa...
  • Explosion in a French nuclear power plant – FAZ – Frankfurter Allgemeine Zeitung
    The nuclear power plant Flamanville in the North of France, right on the coast. In the North of France, the nuclear power plant ...
  • Suspected tax evasion: raid at Commerzbank – tagesschau.de
    Suspected tax evasion: raid at Commerzbank – tagesschau.de Date: 24/02/2015 17:08 clock investigators nationwide have searched...
  • The Supervisory Board engages Piëch – tagesschau.de
    status: 08.02.2017 21:21 PM The VW has a Supervisory Board, rejected the allegations of Ex-Chairman of the Supervisory Board P...
  • “Schäuble is playing with fire” – MIRROR ONLINE
    In the summer, Greece will have to pay seven billion euros, will be in need of new loans. Premier Tsipras defends itself against ...
  • Berggruen to Benko: Change of ownership at Karstadt – T-Online
    Berggruen to Benko: Change of ownership at Karstadt – T-Online For comments or suggestions please fill out the following              ...
  • Imtech bankruptcy and BER: The predictable disaster – comment – SPIEGEL ONLINE
    There they were again, the furrowed by worry faces that managers and politicians like to show when bad news are to proclaim the capital airp...

About Me

Julio
View my complete profile

Blog Archive

  • ►  2017 (353)
    • ►  February (85)
    • ►  January (268)
  • ►  2016 (2980)
    • ►  December (253)
    • ►  November (264)
    • ►  October (276)
    • ►  September (165)
    • ►  August (299)
    • ►  July (283)
    • ►  June (267)
    • ►  May (265)
    • ►  April (298)
    • ►  March (257)
    • ►  February (265)
    • ►  January (88)
  • ▼  2015 (2313)
    • ►  August (221)
    • ▼  July (317)
      • Tsipras defended Varoufakis’ Grexit planning – Ber...
      • Athens Stock Exchange opens on Monday – Schweizer ...
      • German Bank tripled profit – Hamburger Abendblatt
      • “I do not believe that what we do to you” | secret...
      • So many specials There’s never been – FAZ – Frankf...
      • +++ +++ Greece crisis: Tsipras commissioned Varouf...
      • +++ +++ Greece crisis: Tsipras defended Varoufakis...
      • The Germans have less thirst for beer – FAZ – Fran...
      • Giant Flyer “Aquila”: Facebook wants to bring a dr...
      • German Bank CEO takes hard by – THE WORLD
      • +++ +++ Greece crisis: IMF does not want to at thi...
      • Unemployment in Germany rose in July to 2.773 bill...
      • German Bank – “The status quo is not an option” – ...
      • International Monetary Fund: IMF wants for the tim...
      • German Bank: Cryan criticized “unacceptable” expen...
      • German Bank: John Cryan prepares Radikalkur ago – ...
      • Lufthansa expects 2015 significantly declining pri...
      • German labor market during the summer break stable...
      • The new head of Deutsche Bank starts with good num...
      • Federal agency: 2.77 million people are looking fo...
      • Fed keeps the door open for rate hike in September...
      • Quarterly figures: Facebooks income drops signific...
      • Greece: Alexis Tsipras thinks about elections afte...
      • Media Industry: Axel Springer and ProSiebenSat.1 p...
      • Greece: Alexis Tsipras suggested new elections – S...
      • Windows 10: The new universal apps in practice – C...
      • +++ Windows 10 in News Ticker +++: Windows 10 is t...
      • Company: Twitter disappointed investor expectation...
      • Start Windows 10: Satisfied with Windows 7? For th...
      • Twitter spooked investors with weak customer growt...
      • Win a break: German Railways have to rebuild Group...
      • German Rail – Now it’s time to give customers – Sü...
      • German Bank Process – The witness who got 200 mill...
      • Web must save | Group CEO Grube raises these board...
      • Experts – economy arguing over the future of the E...
      • German Rail – So Bahn CEO Grube responds to the pr...
      • The railway business is lame – FAZ – Frankfurter A...
      • German Rail: Heavy profit slump, fell by 39 percen...
      • +++ +++ Market News: price drop continues: China’s...
      • New armor giant arises: KMW and Nexter are about F...
      • German Bahn AG: Conversion in the Management Board...
      • Crisis-ridden state-owned company: The web is tran...
      • Again sharp fall in China’s stock markets – tagess...
      • Agreement with Athens elevates mood in German boar...
      • +++ +++ Greece crisis: Varoufakis wanted reportedl...
      • +++ +++ Market News: China’s stock market roars in...
      • +++ +++ Greece crisis: Varoufakis planned in secre...
      • Fiat Chrysler: record sentence for call errors – S...
      • Blockade against German products: French farmers b...
      • Greece: Grexit Plan of Syriza and coup rumors irri...
      • Greece: Varoufakis commissioned hackers for secret...
      • Citroën 2CV: As an anti-car became a legend – FAZ ...
      • VAT carousel: Deutsche Bank employees in court – T...
      • Model low-cost competition – Lufthansa launches ne...
      • Greece: No stop of capital controls without fresh ...
      • Greece: negotiations with financiers delayed – THE...
      • Test run successfully for extended Suez Canal – de...
      • Greece crisis: Negotiations with creditors are to ...
      • First container ships pass new Suez Canal – Berlin...
      • Egypt: First ships pass through Suez Canal extende...
      • Lufthansa launches new pricing model a – derStanda...
      • Egypt Marine: First ships pass through Suez Canal ...
      • Greece-EU-IMF Financial Crisis: circles: creditor ...
      • Greece wants debt deal to mid-August – RP ONLINE
      • Tax fraud in CO2 certificates: indictment against ...
      • Reportedly plans for new Euro tax – FAZ – Frankfur...
      • What the new Lufthansa fares for passengers mean –...
      • So now yet! | Greeks request new billions in aid f...
      • Lufthansa: pilots have to Austerity – Südwestpresse
      • Next Greece-act: Athens requested new IMF loan – n...
      • Low Cost model: Flex or Light – Lufthansa launches...
      • Greece: Athens formally applies for new aid from t...
      • Debt crisis in Greece – Athens formally applies fo...
      • Lufthansa: pilots want to renegotiate – Handelsblatt
      • House cleaners work, the study mostly black – SPIE...
      • +++ +++ Greece crisis: Even before an agreement: T...
      • The rings around the third aid package for Greece ...
      • +++ +++ Market News: Surprising win: Amazon stock ...
      • +++ +++ Greece crisis: New negotiations in Athens:...
      • Quarterly figures: Amazon surprised 92 million dol...
      • Quarterly figures: Amazon surprises with profit of...
      • Greece’s debt crisis: The long-overdue reform of t...
      • Mercedes is catching up – Frankfurter Rundschau
      • Nikkei buys tradition sheet: accept Japanese “Fina...
      • Sales at Mediengruppe Nikkei: The “Financial Times...
      • +++ +++ Market News: employers want to abolish the...
      • Booksellers – Weltbild buyer Lesensart is broke – ...
      • +++ +++ Greece crisis: Tsipras brings second refor...
      • Greece – Tsipras may breathe short – Süddeutsche.de
      • +++ +++ Greece crisis: With a clear majority – Tsi...
      • Greece crisis: the struggle for reforms in the Gre...
      • Debt Crisis – Greek parliament approves second pac...
      • Tsipras: “We have made mistakes, but we are proud ...
      • +++ +++ Greece crisis: Unrest at Syntagma Square: ...
      • Monopolies Commission calls for allocation of rail...
      • +++ +++ Greek Crisis: ECB increased emergency loan...
      • Schäuble expressed Greece’s debt burden – FAZ – Fr...
      • Bahn: Monopolies Commission calls busting – SPIEGE...
      • Sold more iPhones: Apple profit rises significantl...
      • Largest Order for 35 years: FedEx Boeing 767 breat...
    • ►  June (313)
    • ►  May (318)
    • ►  April (304)
    • ►  March (237)
    • ►  February (289)
    • ►  January (314)
  • ►  2014 (893)
    • ►  December (243)
    • ►  November (64)
    • ►  October (158)
    • ►  September (257)
    • ►  August (171)
Simple theme. Powered by Blogger.