TeleMunchen prexy named to SBS board

Kloiber's appointment gives board more int'l profile

AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors.

The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more international, and certainly more European, profile. Kloiber joins the five other Europeans, three Americans and one Australian currently on the board.

Kloiber built TMG into a major European production, distribution and broadcast outfit, with ownership of German TV channels RTL2 and TM3, as well as theatrical and video interests. It controls the rights for the second-largest television and film library in Germany.

TMG also holds a minority stake in the consortium which launched TV2 Hungary, along with SBS and Hungarian company MTM Produktions. TV2 started up last October and has now become the commercial market leader in that territory.

Additional shareholders

Chairman and CEO of SBS Harry Evans Sloan told Daily Variety the sale of Disney’s 20% stake in SBS had allowed the group to add on additional European investors, but Sloan added the company would like to draw in even more shareholders from this side of the Atlantic.

SBS and TMG are both on the lookout to develop additional ventures in Central and Eastern Europe and the move to appoint Kloiber is being seen as a signal that further joint ventures may be in the offing.

More Biz

  • The Matcha Bros

    Ansel Elgort, Diplo, Billie Eilish, and Von Miller Invest in MatchaBar Energy Drink

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • Ron Burkle

    Ron Burkle Sues Lantern Capital Over Weinstein Co. Costs

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • Netflix Reed Hastings

    Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • Johnny Depp

    Johnny Depp Settles Feud With Former Managers

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • Ed Sheeran Shape of You

    Ed Sheeran Tops Pollstar’s Mid-Year Touring Charts as Industry Soars to Record Gross

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • Lantern Capitol

    Weinstein Co. Closes $289 Million Sale to Lantern Capital

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

  • BMG to Relaunch ‘Live from Daryl’s

    ‘Live from Daryl’s House’ to Relaunch in the Fall Via BMG Partnership (EXCLUSIVE)

    AMSTERDAM — Scandinavian Broadcasting System moved to further pump up its European profile with the appointment of Herbert Kloiber, president of Germany’s TeleMunchen, to the SBS board of directors. The company’s investors are largely American, but SBS, which has a growing string of channels across Europe, has been keen to give the group a more […]

More From Our Brands

Access exclusive content