EM.TV says no go

World Brief

Sports and entertainment TV group EM.TV has nixed paybox Premiere’s offer to buy its free-to-air sports chan-nel DSF.

Premiere recently bought pay and free TV rights to UEFA Champions League soccer and said it planned to buy a terrestrial channel or launch a new web to showcase the free TV league matches.

EM.TV’s DSF, a sports channel, was the obvious candidate. While EM.TV appeared open to negotiations, EM.TV topper Werner Klatten said DSF is not for sale.

“Sports make up more than 80% of our business,” Klatten told German daily Berliner Zeitung. “DSF is of vital importance to our sports division.”

Premiere has canceled a contract with EM.TV’s sporting event produc-tion company Plaza Media worth $50 million a year. Execs insist the two events are unrelated.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading