MFE's ProSiebenSat.1 Bid Raises Concerns in Germany
MFE-MediaForEurope's potential acquisition of ProSiebenSat.1 has drawn scrutiny from the German government, which insists on maintaining journalistic and economic independence. The government emphasizes the political responsibility inherent in media ownership, highlighting the importance of safeguarding Germany's business environment.
- Country:
- Germany
In a move closely monitored by authorities, MFE-MediaForEurope's bid to acquire ProSiebenSat.1 has prompted a unanimous caution from the German government.
A government spokesperson on Monday stressed that any majority stake acquisition must not compromise the journalistic and economic independence of the broadcaster or risk Germany's standing as a vital business hub.
The spokesperson further emphasized that media power wields political influence, underlining the need for responsible ownership in safeguarding the integrity of the nation's media landscape.
(With inputs from agencies.)
Advertisement
Google News