Antitrust Authority Approves Streaming Service – WORLD



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Antitrust Authority Approves Streaming Service

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7TV from ProSiebenSat.1 and Discovery can start

D The television companies ProSiebenSat.1 and Discovery are able to extend their 7TV broadcast platform. The multimedia library can be expanded with the video portal on demand Maxdome and the player Eurosport, as announced by the Federal Cartels Office. According to the competition authority, the extension does not allow the joint venture to take a dominant position in the market.

The market for affordable video on demand continues to grow strongly, said anti-monopoly President Andreas Mundt. With Amazon, Netflix, iTunes as well as Sky and the public service offerings, he had powerful competitors for 7TV. The two companies had already founded the joint media center last year, and the antitrust authorities have issued the same approval. Until now, 7TV has watched videos and livestreams of ProSiebenSat.1 and Discovery-funded television programs.

In late June, companies announced plans for expansion. The offer is thus increasingly competing with services such as Amazon Prime Video and Netflix. Advertising-funded content should be offered in an advertising-free premium and premium package, with access to exclusive sports programs and movies. The new portal is expected to be launched in the first half of 2019 and attract 10 million users in the first two years.

Max Conze, boss of ProSiebenSat.1, invited RTL, ARD and ZDF to jointly join the "win a German champion" project and the competitors had signaled a fundamental interest in trans-shipping cooperation. 39; agency did not approve the internet platforms on which RTL and ProSiebenSat.1 (Amazonas) as well as ARD and ZDF (Germany's Gold) wanted to offer television content for them. to recover a few years ago.

Discovery has acquired important sports rights in recent years, These include Olympic rights for the period from 2018 to 2024. The subsidiary Discovery Eurosport also holds the rights of retransmission in from the Bundesliga

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