German webs paid $2.6 bil to privatize

German commercial TV webs have racked up nearly $2.6 billion in startup losses since the intro of private TV in 1984, a recent study concluded. According to Cologne consulting firm HMR, sports channel DSF has so far lost $410 million, Vox $383 million, SAT1 and Premiere $328 million each, RTL2 $246 million, DF1 $164 million, N-TV $137 million, and Super RTL $66 million.

Only two webs operate in the black: RTL and ProSieben.

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