Pro Sieben Sat 1 – Approaching Berlusconi – Economy

According to a report in the online magazine Business Insider, the television group Pro Sieben Sat 1 is opening up to working with Silvio Berlusconi’s media empire MFE. The Munich-based company therefore grants the Italian media group Media For Europe (MFE) seats on the supervisory board. As Business Insider further reports, the Italians are sending Katharina Behrends to the supervisory board of Pro Sieben Sat 1 and will probably get another supervisory board position. MFE is the largest shareholder in Pro Sieben Sat 1. The second largest owner is the Czech holding PPF. This also claims a seat, but according to Business Insider it will not get it. A spokeswoman for Pro Sieben Sat 1 said that the new members of the supervisory board would be discussed when the general meeting was invited. MFE, headed by former Italian Prime Minister Silvio Berlusconi, is aiming for a European network of broadcasters. The former Pro Sieben Sat 1 CEO Rainer Beaujean was reserved about this.

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