N24 MBO
June 17, 2010
ProSiebenSat.1 has sold its news channel N24 to management. The disposal will cost the Group over E50 million in write downs. The new N24 Media company has a contract to deliver all the news programming to Sat.1 until the end of 2016.
Other posts by :
- Italy joins Germany in IRIS2 alternate thoughts
- Kazakhstan to create museum at Yuri Gagarin launch site
- AST SpaceMobile gets $42 or $1500 price target
- Analyst: GEO bloodbath taking place
- SES AGM results: Appaloosa still objecting
- SpaceX’s Shotwell worth $1.2bn
- SpinLaunch’s revolutionary plan for 280 satellites
- Consolidation impacts satellite sector
- Project Kuiper plans first satellite launch