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ProSieben Denies Takeover-Triggered Exit Clauses for Joko and Klaas

Culture minister Wolfram Weimer has demanded firm guarantees for editorial independence under the likely Berlusconi takeover.

Overview

  • A Wirtschaftswoche report cited multiple insiders claiming the hosts could quit if Media for Europe completes its acquisition of ProSiebenSat.1.
  • ProSieben issued an official statement rejecting the existence of any exit clauses in Joko Winterscheidt’s and Klaas Heufer-Umlauf’s contracts.
  • The presenters’ management teams declined to discuss contractual terms, citing a longstanding policy of non-disclosure.
  • Media for Europe, led by Pier Silvio Berlusconi, has emerged as the frontrunner in a months-long bidding battle and is poised to secure control this month.
  • Pier Silvio Berlusconi has pledged to maintain newsroom autonomy at ProSiebenSat.1 if his holding wins majority ownership.