PULS 4 to Acquire Austrian TV Station ATV

MUNICH/VIENNA: ProSiebenSat.1 PULS 4 is taking over ownership of the Austrian TV group ATV from Tele München.

ATV went on air in 2003, with ATV2 coming in 2011 and ATVsmart in 2016. The contracts for the sale have been signed, but the acquisition must be approved by the responsible media and antitrust authorities in Austria.

Markus Breitenecker, the managing director of ProSiebenSat.1 PULS 4, said: “The objective of the acquisition is to integrate ATV into ProSiebenSat.1 PULS 4 Group and thus to strengthen ATV’s position on the Austrian TV market sustainably.”

Dr. Herbert G. Kloiber, the chairman of Tele München, added: “I’m glad that we found the best solution for the company’s continuance.”