The ProSiebenSat.1 Group, a German television corporation, has acquired 30% stake in MyVideo.de, a German-speaking online video community.


The ProSiebenSat.1 Group, a German television corporation, has acquired 30% stake in MyVideo.de, a German-speaking online video community.

With the acquisition of MyVideo.de, ProSiebenSat.1 Group is going provide a user-generated content service.

MyVideo.de registers 12 million video downloads per week. The site registers 2 million downloads per day and gets 1,800 new videos every day, according to ProSiebenSat.1.

Guillaume de Posch, CEO of ProSiebenSat.1 Media AG, said: “We think MyVideo is one of the most interesting Web sites on the Internet.

Looking at the success of “˜YouTube’ in the USA, for us, as a TV corporation, a video community is a self-evident direction in which to expand our activities. It allows us to take account of new user habits and offer an interactive platform for content”. [source]

Company Information

MyVideo.de is a German television corporation.

MyVideo.de is a German-speaking online video community.

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ProSiebenSat.1 Group Press Release

 

 

 

 

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