M&A Deal Summary

Warner Bros. Discovery Acquires SBS Nordic

On April 9, 2013, Warner Bros. Discovery acquired media company SBS Nordic from ProSiebenSat.1 Media for 1.3B EUR

Acquisition Highlights
  • This is Warner Bros. Discovery’s 6th transaction in the Media sector.
  • This is Warner Bros. Discovery’s 2nd largest (disclosed) transaction.
  • This is Warner Bros. Discovery’s 1st transaction in Norway.

M&A Deal Summary
Date 2013-04-09
Target SBS Nordic
Sector Media
Buyer(s) Warner Bros. Discovery
Sellers(s) ProSiebenSat.1 Media
Deal Type Divestiture
Deal Value 1.3B EUR

Target

SBS Nordic

Norway
SBS operates a network of TV and radio stations across Scandinavia. SBS has four TV networks in Norway, three networks in Sweden, four networks in Denmark, two networks in Finland, and nineteen radio stations.

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Buyer(S) 1

Buyer

Warner Bros. Discovery

Silver Spring, Maryland, United States

website

Category Company
Founded 1985
Sector Media
Employees11,000
Revenue 12.2B USD (2021)
DESCRIPTION
Discovery Communications' corporate headquarters in Silver Spring, Maryland.
Discovery Communications' corporate headquarters in Silver Spring, Maryland.

Warner Bros. Discovery is a global media company that provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, websites, digital distribution arrangements and content licensing agreements. The Company's portfolio of networks includes television brands such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the U.S.). Discovery also operates a diversified portfolio of production studios, websites and curriculum-based education products and services. Warner Bros. Discovery was formed in 1985 and is based in Silver Spring, Maryland.

DEAL STATS #
Overall 11 of 17
Sector (Media) 6 of 11
Type (Divestiture) 2 of 3
Country (Norway) 1 of 1
Year (2013) 2 of 3
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-14 Switchover Media srl

Rome, Italy

Switchover Media, an Italian media company that owns and operates four free-to-air television channels and one pay-TV television channel in Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-07 Espresso Group

London, United Kingdom

Espresso Education is a video-based digital curriculum services to primary and secondary schools, featuring Espresso Primary, Clipbank, and Channel 4 Learning. Its international division licenses and distributes content into more than 40 countries worldwide.

Buy -

Seller(S) 1

SELLER

ProSiebenSat.1 Media

Unterfohring, Germany

website

Category Company
Founded 1984
Sector Media
Employees7,619
Revenue 4.2B EUR (2022)
DESCRIPTION

ProSiebenSat.1 Media is a media company that operates 27 TV channels in 10 countries. The Entertainment segment operates free TV stations, such as SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, ProSieben MAXX, and kabel eins Doku, as well as distributes ProSiebenSat.1 HD stations. ProSiebenSat.1 Media was founded in 1984 and is based in Unterfohring, Germany.

DEAL STATS #
Overall 1 of 7
Sector (Media) 1 of 2
Type (Divestiture) 1 of 5
Country (Norway) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-09 burda:ic

Munich, Germany

burda:ic GmbH is a leading publisher of free online games targeted mainly at Europe and North America, with its head office in Munich.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Collective Digital Studio

Los Angeles, California, United States

Collective Digital Studio LLC (CDS) is a multi-platform digital entertainment company which produces and distributes original entertainment programming.

Buy -
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