ProSiebenSat.1 now belongs to the Berlusconi media group

Source: AFP (Glomex)

The media company ProSiebenSat.1 is being acquired by the Berlusconi media group MediaForEurope (MFE). According to its own information, MFE has secured more than 75 percent of the shares in the family of channels. The Italians want to create a European media giant that can compete with US streaming platforms.

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