Springer: Negative decision from media regulator

The commission to determine the
Concentration in the media sector In its vote, the CEC approved the planned
Takeover of ProSiebenSat.1 declared "not approvable". They
justified its rejection with reference to the resulting
dominant opinion power. The purchase would give Spinger a
opinion flow, which corresponds to a viewer share of more than 42
percent on German television. A predominant
However, according to the KEK definition, 30 percent is already
as reported by the SDA. The CEC emphasized that Springer must
rejected the media supervisory authority's proposed changes. The CEC
had demanded that Springer relinquish one of the channels or
establishes a television advisory board that is also economically influential in order to
to ensure program diversity.
The CEC's "no" does not yet mean the end of the takeover.
the trade journal. The State Media Authorities can use the institution
with a three-quarters majority. The Springer
Group is confident that the KEK will approve a takeover of the
if either one of the high-reach broadcasters of the
TV chain organized internally plural or a broadcaster to a third party
will be sold. As reported by the Süddeutsche Zeitung, Springer is looking for
partners for the takeover and was already negotiating over the weekend.
with SBS Broadcasting, one of the most important European
Television company.
The conflict with the Cartel Office, whose decision is still pending
will fall on the 20th of this month. Until January 12 at 12 noon
The Cartel Office has given Springer a deadline to submit new proposals for
make