Collective Digital Studios

ProSiebenSat.1 creates US$240m global MCN

ProSiebenSat.1 has taken control of multichannel network operator Collective Digital Studio and will merge it with its own MCN, Studio71. The German broadcast group said it will plough in US$83 million (€75 million) into the new entity, Collective Studio71 (CS71) as part of the deal, valuing the combined business at US$240 million. ProSieben will hold […]

ProSiebenSat.1 buys stake in US multichannel operator

Germany’s ProSieben.1 Group has acquired a 20% stake in US-based multichannel network Collective Digital Studios. The news closely follows Disney’s deal to buy Maker Studios in a deal worth up to US$950 million and a series of other deals in the original digital video market. ProSiebenSat.1-owned global arm Red Arrow Entertainment is paying an undisclosed […]