Maria Kyriacou Nominated For ProSiebenSat.1 Media Board Chair

Maria Kyriacou Nominated For ProSiebenSat.1 Media Board Chair

Business


Maria Keraco was nominated at Paramount Global and previous ITV Studios as head of PROSIIEBANSAT.1 Media, which is currently undergoing an offer to acquire one of its largest shareholders.

Kyriacou, who came out of her role as president of Paramount for broadcasting and studios for international markets last year, was suggested as the current government behind Andreas Willie. He announced that he would not seek to be re -elected earlier this year.

Focusing on Prosiebensat.1 in 2025 amid a continuous vaporization of control, Kyriacou will be suggested as a candidate for the AGM supervisory council for the company on May 28, along with Katrin Burkhardt and Simone Scettri, who will be able to re -election.

During the weekend, Reuters reported that the PROSIEBEN administration was participating in the defense consultants such as Morgan Stanley, a bite of an offer to acquire the media controlled by the Berlusconi family (MFE), which launched two weeks ago an offer to purchase stocks in Brucene who does not already have the legal price. She currently has 29.9 %.

If the offer is rejected, the MFE MFE may end up as he agreed to buy shares from another investor that he takes 29.9 %, which will automatically make a acquisition offer.

Prosieben Board of Directors responded to the acquisition by saying that he would “carefully review the offer after publishing the show document” before recommending the shareholders.

Last year, Prosieben shareholders rejected a slightly suggested difference of MFE for a group of corporate measures, including separating basic broadcasting work from other sectors such as dating. Since then, Prosieben has re -focused on entertainment, especially the Joyn current, and non -television assets such as Flaconi and Verivox have been sold to raise money. The company aims to revenue in 2025 for the entire year 4 billion euros (3.4 billion dollars), according to its last introduction in the full year.

Feli said today that “a wide experience of Kyriacou and an installed leadership in the global media industry make it perfectly suitable to help direct the successful shift in which Prosiebensat.1 has begun in recent years,” Feli said today.

Besides operating it for four years in Paramount, Kyriacou is famous for being the head of the Internet in ITV Studios. She also worked in Disney in the upper digital distribution roles for 15 years, and she sat with a non -Exec manager in many big -names brands.

Kyriacou said: “It is an honor for me to be nominated for the Prosiebensat.1 Supervisory Council. The company has an impressive legacy in the entertainment industry, and I look forward to working with the board of directors and the management team to pay innovation, growth and create value to all stakeholders.”

Given that Kyriacou is the current supervisory council nomination, shareholders can suggest alternative names during the next six weeks in the period before AGM.



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