ProSiebenSat.1 & Axel Springer Reportedly in Merger Talks

World Screen July 7, 2015 Top Stories

BERLIN: The German media giants ProSiebenSat.1 and Axel Springer are said to be in talks regarding a potential merger, valued at 14.4 billion euros ($15.9 billion). ProSiebenSat.1 Media is Germany’s biggest commercial broadcaster, and Axel Springer is the country’s largest newspaper publisher. Together, the two companies delivered 2014 revenue of 5.9 billion euros ($6.5 billion). …

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2015-07-07