This article is about the defunct broadcasting company. For the current status of its assets in Nordic region, see Discovery Communications Nordic. For its former branch in the Netherlands, see Talpa TV. For other uses, see SBS.
SBS Broadcasting Group (SBS), formerly Scandinavian Broadcasting Systems, was a European multinational media group, operating commercial television, premium pay channels, radio stations and related print businesses in Northern, Western and Central and Eastern Europe. It became the second-largest broadcaster in Europe.[1]
SBS was founded by Harry E. Sloan in 1989,[2][3] who bought a stake in the Danish station Kanal 2 (a local station in Copenhagen, now Kanal 4) and Norwegian TVNorge. In 1991, Sloan bought the Swedish Nordic Channel, which was soon renamed Kanal 5 and became the third-largest commercial broadcaster in the country. The company was originally known as "TV1", but was renamed "Scandinavian Broadcasting Systems" in 1991. After expanding into Benelux and Eastern Europe, the name was changed again, this time to SBS. By July 1994, the time of the CC/ABC-Disney merger, Capital Cities/ABC owned 23% of SBS.[4]
In March 2005, SBS acquired C More Entertainment, a Nordic pay tv provider operating under the Canal+ brand. In that year, SBS was bought by the equity firms Permira and Kohlberg Kravis Roberts (KKR).[5]Telegraaf Media Groep of the Netherlands was also a shareholder in SBS, with a 20% equity interest.[6] Permira and KKR also bought the German broadcaster ProSiebenSat.1 Media in early 2007, and on 27 June 2007 it was announced that ProSiebenSat.1 Media acquired the SBS Broadcasting group for 3.3 billion euros from the joint owners. ProSiebenSat.1 Media became the second-largest broadcaster of Europe with 48 TV stations.
Starting in 2011, ProSiebenSat.1 Media started to sell its non-German properties. The Dutch operations have been bought by Sanoma and Talpa Media Holding on 20 April 2011.[7] In the end of 2011 ProSiebenSat.1 Group has sold its Bulgarian radio stations as well as the music channel the Voice TV to A.E. Best Success Services Bulgaria EOOD. The transaction was closed on 10 November 2011. On 14 December 2012, Discovery Communications bought the Nordic portion of SBS for $1.7 billion.[8] The radio stations were later sold to Bauer Media Group. The Romanian TV and radio operations were bought by Romanian businessman Cristian Burci and Antenna Group in 2013.[9]
Former operationsedit
This section lists former channels and publications until the company's acquisition in 2007.
^Szalai, Georg (9 April 2013). "Discovery Communications Completes $1.7 Billion SBS Nordic Acquisition". The Hollywood Reporter. Retrieved 6 November 2016.
^"ProSiebenSat.1 sells Romanian radios, TV stations to Greek Antenna Group and local media owner". Romania Insider. Retrieved 26 July 2021.
External linksedit
SBS Broadcasting Group
SBS Radio
Denmark
Norway
Greece
January 19, 2024
broadcasting, group, this, article, about, defunct, broadcasting, company, current, status, assets, nordic, region, discovery, communications, nordic, former, branch, netherlands, talpa, other, uses, this, article, needs, additional, citations, verification, p. This article is about the defunct broadcasting company For the current status of its assets in Nordic region see Discovery Communications Nordic For its former branch in the Netherlands see Talpa TV For other uses see SBS This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources SBS Broadcasting Group news newspapers books scholar JSTOR November 2016 Learn how and when to remove this template message This article may require cleanup to meet Wikipedia s quality standards The specific problem is How the company s former assets should be sorted Relevant discussion may be found on Talk SBS Broadcasting Group Please help improve this article if you can January 2018 Learn how and when to remove this template message SBS Broadcasting Group SBS formerly Scandinavian Broadcasting Systems was a European multinational media group operating commercial television premium pay channels radio stations and related print businesses in Northern Western and Central and Eastern Europe It became the second largest broadcaster in Europe 1 SBS Broadcasting GroupTypePrivateFounded1989 1989 Defunct2007 2007 FateAcquired by ProSiebenSat 1 MediaSuccessorDiscovery Communications NordicPlay MediaTalpa TVHeadquartersLuxembourgArea servedEuropeKey peopleHarry SloanWebsitewww sbsbroadcasting com offline Contents 1 History 2 Former operations 2 1 Television 2 2 Radio stations 2 3 Print 3 References 4 External linksHistory editSBS was founded by Harry E Sloan in 1989 2 3 who bought a stake in the Danish station Kanal 2 a local station in Copenhagen now Kanal 4 and Norwegian TVNorge In 1991 Sloan bought the Swedish Nordic Channel which was soon renamed Kanal 5 and became the third largest commercial broadcaster in the country The company was originally known as TV1 but was renamed Scandinavian Broadcasting Systems in 1991 After expanding into Benelux and Eastern Europe the name was changed again this time to SBS By July 1994 the time of the CC ABC Disney merger Capital Cities ABC owned 23 of SBS 4 In March 2005 SBS acquired C More Entertainment a Nordic pay tv provider operating under the Canal brand In that year SBS was bought by the equity firms Permira and Kohlberg Kravis Roberts KKR 5 Telegraaf Media Groep of the Netherlands was also a shareholder in SBS with a 20 equity interest 6 Permira and KKR also bought the German broadcaster ProSiebenSat 1 Media in early 2007 and on 27 June 2007 it was announced that ProSiebenSat 1 Media acquired the SBS Broadcasting group for 3 3 billion euros from the joint owners ProSiebenSat 1 Media became the second largest broadcaster of Europe with 48 TV stations Starting in 2011 ProSiebenSat 1 Media started to sell its non German properties The Dutch operations have been bought by Sanoma and Talpa Media Holding on 20 April 2011 7 In the end of 2011 ProSiebenSat 1 Group has sold its Bulgarian radio stations as well as the music channel the Voice TV to A E Best Success Services Bulgaria EOOD The transaction was closed on 10 November 2011 On 14 December 2012 Discovery Communications bought the Nordic portion of SBS for 1 7 billion 8 The radio stations were later sold to Bauer Media Group The Romanian TV and radio operations were bought by Romanian businessman Cristian Burci and Antenna Group in 2013 9 Former operations editThis section lists former channels and publications until the company s acquisition in 2007 Television edit Belgium VT4 now Play4 VIJFtv now Play5 Bulgaria The Voice Bulgaria Denmark Kanal 4 Kanal 5 SBS NET now 6 eren The Voice TV Denmark later 7 eren now defunct Finland Kutonen TV5Italy Rete Mia defunct joint ownership with Internova Profit and Videopiu 1997 1999 Hungary TV2Macedonia Sitel Sitel 2 Sitel 3 Kanal 5 Kanal 5 plusNetherlands SBS6 Net5 Veronica SBS9 Kijk nl web only Norway TVNorge The Voice TV Norway web only FEM MAX VOXRomania Prima TV also broadcast by cable in Moldova Kiss TV known as TV K Lumea before November 2006 now owned by Antenna Group Portugal TVI 1996 1999 Sweden nbsp Swedish headquarters of Kanal 5 and Kanal 9Kanal 5 Kanal 9 Kanal 11 The Voice TV Sweden music defunct Switzerland TV3 Switzerland defunct joint ownership with Tamedia 1999 2001 Radio stations edit Denmark The Voice POP FM NOVA FMGreece Lampsi 92 3 FM now owned by Attica Editions Norway Radio 1 The Voice Radio Norge previously known as Kanal 24 Romania Kiss FM previously known as Radio Contact available in Moldova with local insertions Magic FM One FM Rock FMSweden Mix Megapol Rockklassiker The Voice Radio 107 5 Vinyl 107Print edit Veronica TV Radio guide References edit McNary Dave Jeff Sagansky Harry Sloan Partner on 700 Million IPO Variety Retrieved 8 October 2021 Hopkins Nic Media tycoon gets 178m from sale of SBS Broadcasting The Times Times Newspapers Retrieved 7 October 2021 European broadcaster sold The New York Times Retrieved 8 October 2021 FACT SHEET THE WALT DISNEY COMPANY Press Release The Walt Disney Company Retrieved 7 March 2013 SBS Broadcasting to be Acquired By Permira and KKR in Transaction Valuing the Company at Approximately euro 2 1 Billion 2 5 Billion PR Newswire 22 August 2005 Archived from the original on 20 January 2018 Retrieved 2 June 2019 SBS Broadcasting Acquires Leading Music TV Channel in Romania PR Newswire 4 September 2006 Archived from the original on 6 November 2016 Retrieved 2 June 2019 via TheFreeDictionary com http www fd nl artikel 21975607 behouden huis subscription required Szalai Georg 9 April 2013 Discovery Communications Completes 1 7 Billion SBS Nordic Acquisition The Hollywood Reporter Retrieved 6 November 2016 ProSiebenSat 1 sells Romanian radios TV stations to Greek Antenna Group and local media owner Romania Insider Retrieved 26 July 2021 External links editSBS Broadcasting Group SBS Radio Denmark Norway Sweden Greece Retrieved from https en wikipedia org w index php title SBS Broadcasting Group amp oldid 1192693225, wikipedia, wiki, book, books, library,
