SBS Broadcasting Group
SBS Broadcasting Group ( Scandinavian Broadcasting Systems) was one of the leading media companies in Europe, with headquarters in Luxembourg.
In 1989, TV Norge by Harry Evans Sloan was founded in Norway. Through the U.S. film producer Harry Evans Sloan was founded and incorporated in 1991 TV1. In 1993, the IPO took place. The station SBS 6 from Sweden was introduced in 1995.
On 22 August 2005 it was announced that 74 % of SBS for a total of € 1.7 billion by the two holding companies Permira and Kohlberg Kravis Roberts & Co. ( KKR short ) have been incorporated. The Telegraaf Media Group, the largest Dutch newspaper publisher owns 20 %, the SBS management holds 6%.
On 14 December 2006 in addition to the proposed merger with the German ProSiebenSat.1 Media was known with its headquarters in Munich. ProSiebenSat.1 has taken in the summer of 2007, 100% of the SBS for a total of € 3.3 billion and became the second largest TV providers in Europe with an annual turnover of approximately € 3.1 billion. Thus SBS went on completely within the ProSiebenSat.1 Media.
Last operational SBS 19 television stations, 20 pay- TV channels and 24 radio stations, especially in Scandinavia and Eastern Europe and moved beyond the Netherlands has two listings. The Group employed 2003 2000 staff and recorded 2006 sales of € 1000.6 million.