Saban not interested in ProSieben sale

Roxborough, Scott
February 2005
Hollywood Reporter -- International Edition;2/1/2005, Vol. 387 Issue 34, p13
The article reports that business executive Haim Saban is happy to own and control a large stake in top German broadcaster ProSiebenSat.1 Media AG. The comments came after German media reports said publisher Axel Springer Verlag is looking to buy out Saban and take control of ProSiebenSat.1. Saban chief negotiator in Germany and deputy advisory board chairman at ProSiebenSat.1, Adam Chesnoff said the Saban Capital Group was very happy with their investment in Germany, and their position has not changed. According to reports, Springer Chief Executive Officer Mathias Doepfner and chief financial officer Steffan Naumann met with Saban in Los Angeles to pitch the deal.


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