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Europe Daily Bulletin No. 8425

21 March 2003
Contents Publication in full By article 23 / 26
ECONOMIC INTERPENETRATION / (eu) media

The Israeli-US film producer Haim Saban has bought control of KIRCH MEDIA, the broadcasting subsidiary of KIRCH by acquiring (for some 2 billion euros) a 36% stake in PROSIEBENSAT.1 (annual turnover of around 2 billion euros) which includes the private German TV channels PROSIEBEN, SAT.1, KABEL1 and N24, along with KIRCHMEDIA's catalogue of films and TV series.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION