Axel Springer and ProSiebenSat.1 launch project to promote digital startups

Munich, July 29, 2015. Axel Springer SE and ProSiebenSat.1 Media SE jointly launch a project to promote digital start-ups. The initiative aims at promoting innovative digital business ideas and startups in order to enhance the positioning of Germany as a digital hub also on an international level. Joint investments in companies and funds, networking of incubator and accelerator programs as well as media for equity investments are planned in order to achieve this goal. Dr. Christian Wegner, Member of the Executive Board Digital & Adjacent at ProSiebenSat.1: "I am delighted that we are working together with Axel Springer, one of the leading German digital players, on initiatives aimed at promoting Germany as a digital hub." Dr. Andreas Wiele, Member of the Executive Board and President Marketing and Classified Ad Models at Axel Springer SE: "In global competition it has become more important than ever to join forces on a national level wherever reasonable and possible. To this end, ProSiebenSat.1 is our partner of choice given its success in digitization and complementary digital portfolio." Contact:
Julian Geist
Corporate Spokesman ProSiebenSat.1 Media SE
Medienallee 7
D-85774 Unterföhring
Phone +49 [89] 95 07-1151
Fax +49 [89] 95 07-91151
Email: Julian.Geist@ProSiebenSat1.com Press Release online: www.ProSiebenSat1.com Edda Fels
Senior Vice President Corporate Communications
Axel Springer SE
Axel-Springer-Straße 65
D-10888 Berlin
Phone +49 [0]30 25 91-7 76 00
Fax +49 [0]30 25 91-7 76 03
Email: Edda.Fels@axelspringer.de Press Release online: www.axelspringer.de