ProSiebenSat.1 acquires the online video rental store maxdome outright
The ProSiebenSat.1 Group has acquired full ownership of the
video-on-demand portal maxdome. Previously, the shareholders
ProSiebenSat.1 and 1&1 Internet AG each owned 50 percent of the
shares. The takeover is subject to approval by the Federal Cartel
Office in Germany. 1&1 Internet AG remains the sales and
service partner.
maxdome was founded in July 2006 as a joint venture of
ProSiebenSat.1 Group and 1&1 Internet AG. With 35,000 titles
including movies, TV series, comedy, sport, music and cartoons,
maxdome is now Germanys largest online video library and the market
leader. The extensive range of films on offer can be viewed via PC
or television. For older television sets, a set-top box is also
required. Users of modern hybrid televisions with Internet access
can access the maxdome video range directly without a set-top box.
Selections can be viewed either via subscription to different
packages, as a one-off streamed video using a pay-per-view option,
or as a download. As with a rental DVD, rented videos can viewed
any number of times within 48 hours. Some selections can also be
purchased to keep permanently.
Christoph Bellmer, Head of New TV with the ProSiebenSat.1 Group:
"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."
Contact person:
Marcus Prosch
Director of Communication Sales & Diversification
ProSiebenSat.1 Media AG
Medienallee 7
D-85774 Unterföhring
Tel. +49 [89] 95 07-89 20
Fax +49 [89] 95 07-88 26
Press release online:
www.ProSiebenSat1.com