ProSieben creates $240m global MCN
ProSiebenSat.1 has taken control of multichannel network operator Collective Digital Studio and will merge it with its own MCN, Studio71. The German broadcast group said it will plough in US$83 million into the new entity, Collective Studio71 (CS71), as part of the deal, valuing the combined business at US$240 million. ProSieben will hold a 75% […]
