Dietrich Mateschitz

Red Bull keeps Servus on air after u-turn

Red Bull-owned channel Servus TV will continue to operate, despite the announcement earlier this week that that the Austrian net was closing. The channel is loss-making, but the closure was, according to local press, driven by channel founder Dietrich Mateschitz’s disgruntlement at staff plans to form a work council. The decision has now been reversed […]

Red Bull’s Servus TV closes over economic woes

Red Bull Media House is closing Austrian channel Servus TV as the network has become “economically unsustainable”. The channel launched in 2009, but citing “the diligence of a prudent businessman” Red Bull said it is ceasing operations. The Servus magazine that sat alongside the channel is unaffected by the news, which Red Bull founder Dietrich Mateschitz […]