ProSiebenSat.1 to take full control of Maxdome
07 Dec 10 -
German broadcaster ProSiebenSat.1 Group has acquired full ownership of video-on-demand portal Maxdome from its partner 1&1 Internet. Previously the two companies shared ownership of the portal on a 50:50 basis.
Maxdome offers a catalogue of 35,000 titles across the genres of movies, TV series, comedy, sport, music and cartoons that can be viewed via PC or connected TVs.
Christoph Bellmer, head of new TV at ProSiebenSat.1 Group said: "Together with 1&1, we have built Maxdome up into the market leader with the largest video-on-demand range in Germany. We will continually develop the range. I am very pleased that 1&1 will remain our very close partner."
The takeover is subject to approval by the German Federal Cartel Office.