ACUNMEDYA Takes Sport1 Stake

Turkey’s ACUNMEDYA is taking a 50 percent stake in Sport1 Medien from Swiss-based media group Highlight Communications.

Beyond the investment, the deal also includes a content partnership that will see the sports format Exatlon being brought to German television on SPORT1 this fall. The deal, the financial terms of which were not disclosed, is still pending customary closing conditions.

Acun Ilıcalı, founder and owner of ACUNMEDYA, noted: “We are very excited for our partnership with Highlight Group, with which we share the same vision and passion for sports and entertainment. We hope to create a success story together by delivering inspiring innovative programs to our audiences in Germany, Austria and Switzerland. I am looking forward to taking it to a new level together with the SPORT1 team.”

Bernhard Burgener, chairman of the supervisory board of Sport1 Medien, added: “With ACUNMEDYA, our company has gained an outstanding strategic investor as a partner. I have been observing Acun Ilıcalı’s impressive entrepreneurial development for a very long time and am firmly convinced that we can expand SPORT1 and make it more successful together with him.”