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Malone mulls Kirch: Liberty among conglom's possible suitors. (Business).(John C. Malone, Liberty Media Corp., Kirch Group)(Brief Article)
BERLIN -- U.S. cable mogul John Malone has joined the growing list of investors eyeing bankrupt German media giant Kirch Group: Reps of his Liberty Media are expected to meet Kirch execs in Munich this week.
The Denver-based group is considering stakes in Kirch's core TV and rights division Kirch Media, which filed for insolvency earlier this month, as well as troubled Kirch Pay TV, which looks increasingly likely to go belly-up.
Malone, a longtime partner of Kirch Pay TV shareholder Rupert Murdoch, had expressed interest in Premiere earlier this year as part of his bid for Deutsche Telekom's cable assets, which was blocked by federal antitrust authorities.
Kirch Pay TV has been feverishly looking for new investors before it runs out of cash, expected to happen in three to four months.
Additional negotiations
Premiere also has negotiated with media giant Bertelsmann, although latter maintains pay TV is not core to its strategy.
Murdoch remains the most likely candidate to take over the web in lieu of a $1.5 billion put option he holds on his 22% stake in Kirch Pay TV
- Pay TV endures rough spot.(Kirch Pay TV announces expanded services)(Brief...
- Magazine article from: Variety KINGSLEY, SIMON October 8, 2001 700+ words
BERLIN The main assets in KirchGruppe's Kirch Pay TV division are Swiss feevee channel Teleclub and Germany...but the talks with Liberty Media could be decisive. In pay TV nobody except Kirch can really do anything. (It) has...
- Germany's Kirch Attracts New Money.(Kirch Pay TV KGaA)(Brief...
- Magazine article from: Multichannel News BROCKMEYER, DIETER September 18, 2000 700+ words
...Amid growing indications that Kirch Pay TV KGaA's digital direct-to...two new investors. Last week, Kirch Pay TV announced that Kingdom Holdings...August announcement by KirchGroup, Kirch Pay TV's corporate parent, that it...
- Puffer to top Kirch Pay TV.(Manfred Puffer)(Brief Article)
- Magazine article from: Variety Meza, Ed January 1, 2001 700+ words
BERLIN In an effort to improve the lackluster performance of Germany's multichannel service Premiere World, Kirch Pay TV is replacing outgoing managing director Markus Tellenbach with Manfred Puffer. The shuffle puts Puffer, ex-chief...
- Liberty consider rescue of Kirch pay-TV units.(Abstract)(Brief Article)
- Newspaper article from: EuropeMedia April 29, 2002 700+ words
...Media, the US cable-television company, is understood to be interested in helping to rescue Kirch Holding GmbH's film and pay-TV units, reported the Financial Times Deutschland. Liberty Media representatives are to meet this week with the management of...
- Liberty consider rescue of Kirch pay-TV units.(Brief Article)
- Newspaper article from: TV Meets the Web April 29, 2002 700+ words
...Media, the US cable-television company, is understood to be interested in helping to rescue Kirch Holding GmbH's film and pay-TV units, reported the Financial Times Deutschland. Liberty Media representatives are to meet this week with the management of...
- Creditor banks stalking Kirch pay web Premiere.
- Magazine article from: Daily Variety Meza, Ed July 25, 2002 700+ words
...in the pay platform. Premiere, whose parent company Kirch Pay TV filed for insolvency in May, has undertaken massive...Premiere nor the banks have commented on the reports. Kirch Pay TV went belly up following the insolvency of Kirch Media...
- Kirch pay unit sale process begins. (Finance & Business).
- Newspaper article from: Screen Digest September 1, 2002 700+ words
Sale documents have been distributed to potential buyers of Kirch Group's pay TV platform Premiere World. Unit is organised under KirchPayTV division, separate from KirchMedia, which is itself currently subject...
- Kirch pay is in play: Murdoch still in picture to purchase unit.(KirchMedia...
- Magazine article from: Daily Variety Meza, Ed April 10, 2002 700+ words
...burn up nearly $2 million a day. BskyB apparently has signaled interest in taking over Kirch PayTV once again. The Teutonic pay TV unit, which owns digital web Premiere, was at the root of the Kirch Group's collapse. Kirch advisers and creditor bank...
- Teetering Premiere: Kirch pay web has 4 months to get cash or fold. (World...
- Magazine article from: Daily Variety Meza, Ed April 24, 2002 700+ words
BERLIN - Georg Kofler, head of Kirch's troubled pay web Premiere World, said Tuesday the broadcaster has four months to find an investor or it will shutter. Kofler said he had spoken to media giant Bertelsmann as well as other potential investors about taking a stake in the web. Company needs an
- Italian Pay-TV Merger On The Brink.(Tele+ Digitale and Stream)(Brief...
- Newspaper article from: Inside Digital TV May 15, 2002 700+ words
...conditions on the proposed merger of the pay-TV operations Stream and Tele+ Digitale...capping a dismal month for the European pay-TV industry, which has seen a similar fate befall ITV Digital in the UK, Kirch Pay-TV in Germany, and Quiero TV in Spain...
