127-607: ProSiebenSat.1 Media SE (officially abbreviated as P7S1 , formerly known as ProSiebenSat.1 Media AG ) is a German mass media and digital company that is based in Unterföhring , Munich . It operates in three segments: Entertainment, Dating and Commerce & Ventures. The company is listed on the Frankfurt Stock Exchange . When KirchMedia GmbH & Co. KGaA became the majority shareholder in ProSieben Media AG at
254-458: A TV Everywhere service offering access to live streaming and on-demand content from Discovery Communications' cable networks. In May 2016, Discovery initiated a restructuring plan aiming to save $ 40 to $ 60 million by the third quarter of 2016, including a shift in strategy to "maximize" its linear television business whilst plotting larger investments in content, digital media, sports, and international markets. In August 2016, Discovery purchased
381-400: A market share of more than 30% and earned a collective €1.8 billion in 2002, making a €21 million profit. In the same year, the company had over 3000 employees. When chairman Urs Rohner left the company up to 30 April 2004 "at his own request", Guillaume de Posch, a Belgian, became the new chairman. In 2005, Axel Springer Verlag offered to buy the company for €3 billion, but this purchase
508-430: A soft cover . Magazines fall into two broad categories: consumer magazines and business magazines. In practice, magazines are a subset of periodicals , distinct from those periodicals produced by scientific, artistic, academic or special interest publishers which are subscription-only, more expensive, narrowly limited in circulation, and often have little or no advertising. Magazines can be classified as: A newspaper
635-457: A vertically integrated media conglomerate ) with Discovery Inc. to form a new company, subject to regulatory approval. The merger, scheduled to be completed in mid-2022, would be structured as a Reverse Morris Trust ; AT&T shareholders will hold a 71% interest in the new company's stock and appoint seven board members, and Discovery shareholders will hold 29% and appoint six board members. AT&T will receive $ 43 billion in cash and debt from
762-428: A "lifestyle focused media network" with Discovery named after their personal company Magnolia. It was reported that Discovery had considered rebranding either DIY Network or Great American Country as this new channel. In April 2019, Discovery confirmed its Magnolia joint venture, which is scheduled to launch in 2020 and replace DIY Network, with an over-the-top subscription component to launch later. Magnolia Network
889-871: A 51% majority stake in Los Angeles-based American production company Kinetic Content . In March 2011, Red Arrow Entertainment Group announced that they entered the British television industry by acquiring British production house The Mob , marking Red Arrow Entertainment Group's first UK acquisition. In September 2011, Red Arrow Entertainment Group had announced that they've acquired a majority stake in American scripted television production company Fuse Entertainment expanding Red Arrow's American operations and their scripted portfolio with Swedish producer Henrik Bastin joining Red Arrow's acquired company Fuse Entertainment as their partner and CEO of Fuse Entertainment along with
1016-455: A 51% majority stake in leading Belgian television production company Sultan Sushi marking their first international acquisition and their first expansion into Belgium with the company's co-founders and CEOs Johan Tuyaerts, Caroline Vergauwen, and Jan Keersmaekers holding the remaining 49% stake in the company and will continue to lead the company under Red Arrow. In September 2010, Red Arrow Entertainment Group had announced that they have acquired
1143-445: A European pole of generalist TV. A few days later, on 28 March, CEO Max Conze , always cold to a possible alliance with Mediaset, resigned surprisingly at the end of a very heated board of directors meeting. Rainer Beaujean took over in his place with the task of guiding the group to a return to its origins, thus aiming at generalist TVs and in fact disavowing the diversification in ecommerce launched in recent years by Conze. Beaujean
1270-484: A book resembling a photo album. The first collection of records to be called an "album" was Tchaikovsky 's Nutcracker Suite , release in April 1909 as a four-disc set by Odeon Records . It retailed for 16 shillings —about £ 15 in modern currency. A music video (also promo) is a short film or video that accompanies a complete piece of music, most commonly a song . Modern music videos were primarily made and used as
1397-438: A catchall phrase that encompasses the aforementioned along with any game made for any other device, including, but not limited to, advanced calculators, mobile phones, PDAs , etc. Sound recording and reproduction is the electrical or mechanical re-creation or amplification of sound , often as music . This involves the use of audio equipment such as microphones, recording devices and loudspeakers. From early beginnings with
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#17328983599011524-532: A core part of their life." With Discovery choosing 230 Park Avenue South as its new New York City headquarters, Discovery sold its former Silver Spring headquarters to Foulger-Pratt and Cerberus Capital Management in September 2018, and leased a smaller space at nearby 8403 Colesville Road. In November 2018, Chip and Joanna Gaines of the former HGTV series Fixer Upper announced on The Tonight Show Starring Jimmy Fallon , that they were in early talks to form
1651-536: A day care center inside were safely removed to a nearby McDonald's restaurant on Colesville Rd. Lee was shot and killed by an MCPD SWAT team at 4:48 p.m. ET after the hostages made a run to escape. The remaining hostages were immediately freed. The incident was described by the FBI as the first instance of a would-be suicide bomber taking hostages in the United States. Lee was an environmental protester who, in 2008,
1778-487: A device used to access a mass medium (the Internet). Video games may also be evolving into a mass medium. Video games (for example, massively multiplayer online role-playing games (MMORPGs), such as RuneScape ) provide a common gaming experience to millions of users across the globe and convey the same messages and ideologies to all their users. Users sometimes share the experience with one another by playing online. Excluding
1905-436: A joint venture with The New York Times . In June 2002, coinciding with Discovery's 17th anniversary, the company launched a 24/7 high definition channel known as Discovery HD Theater . In 2003, Discovery Communications moved its headquarters from Bethesda to Silver Spring . In 2003 and 2004, Discovery acquired academic film companies such as AGC, AIMS Multimedia, and Clearvue & SVE to form Discovery Education, which
2032-620: A joint venture with Hasbro to relaunch Discovery Kids as a new youth- and family-oriented entertainment channel. The channel, ultimately named The Hub , launched on October 10, 2010. After multiple delays, OWN officially launched on January 1, 2011. On March 17, 2009, Discovery Communications sued Amazon.com for patent infringement by its Kindle e-reader line, regarding "secure distribution of electronic text and graphics to subscribers and secure storage". The patents were originally developed by Discovery founder John Hendricks , who had been developing technologies related to e-books and
2159-501: A joint venture with Oprah Winfrey 's Harpo Productions to relaunch Discovery Health as a new service, OWN: The Oprah Winfrey Network , in 2009. In 2008, Discovery Times was relaunched as Investigation Discovery , a new brand that would be dedicated to true crime programs and documentaries. The company also formed its Emerging Networks Group, and named Clark Bunting as president and Clint Stinchcomb as executive vice president and general manager. On April 30, 2009, Discovery announced
2286-876: A majority stake at a later date. On July 31, 2017, Discovery announced it would acquire Scripps Networks Interactive , owner of networks such as Food Network , HGTV , and DIY Network , for $ 14.6 billion, pending regulatory approval. On March 6, 2018, the acquisition was completed, with the company renamed as Discovery, Inc. afterwards. Following the purchase, SNI shareholders owned 20% of Discovery's stock. Discovery retained an operational hub in SNI's home city of Knoxville , but planned to move its corporate headquarters from Silver Spring, Maryland, where it had operated since 2003, to New York City in late-2019. Discovery's brands were reorganized into two groups under different chief brand officers : SNI's chief programmer Kathleen Finch became chief brand officer of Lifestyle, overseeing TLC,
2413-744: A majority stake in Maryland-based American reality television production company Half Yard Productions to expand their American operations with their founders Abby Greensfelder and Sean Gallagher continuing to run the company as their co-CEOs. The group includes Studio71, which was started in Berlin in September 2013 as a German-language multi-channel network by Sebastian Weil and Ronald Horstman and later acquired an American competitor, Collective Digital Studio. In January 2017, Red Arrow Entertainment Group's digital multi-channel and production subsidiary Studio71 announced that they had sold its 30% stake to
2540-678: A marketing device intended to promote the sale of music recordings. Although the origins of music videos go back much further, they came into their own in the 1980s, when Music Television 's format was based on them. In the 1980s, the term "rock video" was often used to describe this form of entertainment, although the term has fallen into disuse. Music videos can accommodate all styles of filmmaking, including animation , live-action films, documentaries , and non-narrative, abstract film . The Internet (also known simply as "the Net" or less precisely as "the Web")
2667-660: A minority stake in the Hong Kong-based digital talent and content company VS Media; Discovery intended to have VS distribute Discovery Digital Networks content in China, and to offer their own resources to VS. In October 2016, Discovery purchased a minority stake in Group Nine Media , a digital media holding company consisting of Thrillist Media Group , NowThis , The Dodo and Discovery's digital network Seeker—for $ 100 million. The transaction gave Discovery an option to acquire
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#17328983599012794-424: A more powerful media than either TV or the internet, starting with mobile being permanently carried and always connected. Mobile has the best audience accuracy and is the only mass media with a built-in payment channel available to every user without any credit cards or PayPal accounts or even an age limit. Mobile is often called the 7th Mass Medium and either the fourth screen (if counting cinema, TV and PC screens) or
2921-499: A new reality television production company dedicated to light entertainment based in Munich named RedSeven Entertainment. In January 2010, ProSiebenSat.1 Media had announced that it would restructure its television production, distribution and developing business for its international expansion by creating a new television production and distribution holding company for their existing assets to be named named Red Arrow Entertainment Group with
3048-452: A newspaper, or watching the 10 o'clock news, people can log onto the internet to get the news they want, when they want it. For example, many workers listen to the radio through the Internet while sitting at their desk. Even the education system relies on the Internet. Teachers can contact the entire class by sending one e-mail. They may have web pages on which students can get another copy of
3175-607: A number of technologies combined to produce podcasting . Podcasting is an asynchronous broadcast/narrowcast medium. Adam Curry and his associates, the Podshow , are principal proponents of podcasting. The term ' film ' encompasses motion pictures as individual projects, as well as the field in general. The name comes from the photographic film (also called film stock ), historically the primary medium for recording and displaying motion pictures. Many other terms for film exist, such as motion pictures (or just pictures and "picture"),
3302-462: A particular subject; others function as more personal online diaries. A typical blog combines text, images and other graphics, and links to other blogs, web pages, and related media. The ability for readers to leave comments in an interactive format is an important part of many blogs. Most blogs are primarily textual, although some focus on art (artlog), photographs (photoblog), sketchblog, videos (vlog), music (MP3 blog) and audio (podcasting), are part of
3429-403: A potential sale in a memo to CW staffers, but added that "It's too early to speculate what might happen" and that the network "must continue to do what we do best." On January 26, 2022, it was reported that the merger between WarnerMedia and Discovery, Inc. was expected to close sometime during the second quarter of 2022. This was later narrowed down to mid-April 2022. On February 1, 2022, it
3556-483: A stake in the struggling CBS Eye on People channel; Discovery eventually acquired the remainder of CBS's stake, leading to its January 1999 relaunch as Discovery People . The network quietly folded in 2000, being replaced by other Discovery channels on providers. On September 1, 2001, Discovery Communications bought The Health Channel, and announced that it would be re-branded as FitTV . In 2002, Discovery relaunched Discovery Civilization as Discovery Times, as part of
3683-474: A television network made specifically for dogs. In May 2014, Discovery and its shareholder Liberty Media acquired British television studio All3Media for $ 930 million in a 50/50 joint venture. The new ownership stated that All3Media would be operated as an independent company. In October 2014, Discovery acquired controlling interest in Hub Network from Hasbro and re-branded it as Discovery Family . During
3810-461: A theme, which can be exampled with The Wall Street Journal as they offer news on finance and business related-topics. The first printed newspaper was published in 1605, and the form has thrived even in the face of competition from technologies such as radio and television. Recent developments on the Internet are posing major threats to its business model, however. Paid circulation is declining in most countries, and advertising revenue, which makes up
3937-463: A wider network of social media. Microblogging is another type of blogging which consists of blogs with very short posts. RSS is a format for syndicating news and the content of news-like sites, including major news sites like Wired , news-oriented community sites like Slashdot , and personal blogs. It is a family of Web feed formats used to publish frequently updated content such as blog entries, news headlines, and podcasts. An RSS document (which
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4064-486: A worldwide attraction, especially with the addition of dubbing or subtitles that translate the original language. A video game is a computer-controlled game in which a video display, such as a monitor or television set, is the primary feedback device. The term "computer game" also includes games which display only text or which use other methods, such as sound or vibration, as their primary feedback device. There always must also be some sort of input device , usually in
4191-410: A young adult-oriented network into one that featured more unscripted and even national news programming. However, reports also indicated that WarnerMedia and ViacomCBS could include a contractual commitment that would require any new owner to buy new programming from those companies, allowing them to reap some continual revenue through the network. Network president/CEO Mark Pedowitz confirmed talks of
4318-436: Is a publication containing news and information and advertising, usually printed on low-cost paper called newsprint . It may be general or special interest, most often published daily or weekly. The most important function of newspapers is to inform the public of significant events. Local newspapers inform local communities and include advertisements from local businesses and services, while national newspapers tend to focus on
4445-466: Is a division of ProSiebenSat.1 Media In June 2010, ProSiebenSat.1 TV Deutschland announced that they have sold their news channel Welt to the channel's bosses Torsten Rossman, Stefan Aust and Thorsten Pollfuss for an undisclosed sum along with ProSieben's production subsidiary that produces Welt's programmes Maz & More. sonnenklar.TV was sold to BigXtra in September 2005. The pan-Nordic C More Entertainment pay-TV operation (15 linear TV channels)
4572-490: Is a more interactive medium of mass media, and can be briefly described as "a network of networks". Specifically, it is the worldwide, publicly accessible network of interconnected computer networks that transmit data by packet switching using the standard Internet Protocol (IP). It consists of millions of smaller domestic, academic, business and governmental networks, which together carry various information and services, such as email , online chat , file transfer, and
4699-499: Is accessible through the Internet, along with many other services including e-mail, file sharing and others described below. Toward the end of the 20th century, the advent of the World Wide Web marked the first era in which most individuals could have a means of exposure on a scale comparable to that of mass media. Anyone with a web site has the potential to address a global audience, although serving to high levels of web traffic
4826-494: Is called a "feed" or "web feed" or "channel") contains either a summary of content from an associated web site or the full text. RSS makes it possible for people to keep up with web sites in an automated manner that can be piped into special programs or filtered displays. A podcast is a series of digital-media files which are distributed over the Internet using syndication feeds for playback on portable media players and computers. The term podcast, like broadcast, can refer either to
4953-403: Is not seen because of an effect known as persistence of vision , whereby the eye retains a visual image for a fraction of a second after the source has been removed. Also of relevance is what causes the perception of motion: a psychological effect identified as beta movement . Film has emerged as an important art form. They entertain, educate, enlighten and inspire audiences. Any film can become
5080-508: Is now led by Jeremy Cowdrey, former CEO of Imagine Learning. In 2019, Discovery Communications moved its headquarters to New York City , keeping 300 employees in a smaller hub in Silver Spring. Former NBCUniversal executive David Zaslav was named president and CEO of Discovery Communications on November 16, 2006. In the years that followed, Zaslav placed a major focus on bolstering Discovery's core networks, programming, and expanding
5207-433: Is sometimes erroneously used as a synonym for " mainstream media ". Mainstream media are distinguished from alternative media by their content and point of view. Alternative media are also "mass media" outlets in the sense that they use technology capable of reaching many people, even if the audience is often smaller than the mainstream. In common usage, the term "mass" denotes not that a given number of individuals receives
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5334-836: Is sometimes misunderstood in this way. It can be used for various purposes: Journalism is the discipline of collecting, analyzing, verifying and presenting information regarding current events , trends , issues and people. Those who practice journalism are known as journalists . News -oriented journalism is sometimes described as the "first rough draft of history" (attributed to Phil Graham ), because journalists often record important events, producing news articles on short deadlines. While under pressure to be first with their stories, news media organisations usually edit and proofread their reports prior to publication, adhering to each organisation's standards of accuracy, quality and style. Many news organisation claim proud traditions of holding government officials and institutions accountable to
5461-422: Is still relatively expensive. It is possible that the rise of peer-to-peer technologies may have begun the process of making the cost of bandwidth manageable. Although a vast amount of information, imagery, and commentary (i.e. "content") has been made available, it is often difficult to determine the authenticity and reliability of information contained in web pages (in many cases, self-published). The invention of
5588-547: Is the foundation for an in development global cycling OTT service. On April 1, 2019, after a previous agreement with the broadcaster lapsed six years prior, Discovery announced a 10-year global content partnership with BBC Studios , under which it will become the exclusive subscription video-on-demand rightsholder of programming from the BBC Natural History Unit (which will become the basis of an international subscription service by 2020) outside of China, Ireland, and
5715-653: The Olympic Games throughout most of Europe), GolfTV (an international golf -focused streaming service, which is the international digital rightsholder of the PGA Tour ), Discovery Communications Nordic (which operates general-interest channels in Norway, Sweden, Denmark and Finland), TVN Group in Poland, and a portfolio of various free-to-air channels in Germany, Italy, New Zealand, and
5842-788: The Peter Chernin -owned The North Road Company in July of that year and the creation of two German production companies, Cheerio Entertainment and Flat White Productions. Mass media Mass media include the diverse arrays of media that reach a large audience via mass communication . Broadcast media transmit information electronically via media such as films , radio , recorded music, or television . Digital media comprises both Internet and mobile mass communication. Internet media comprise such services as email , social media sites, websites , and Internet-based radio and television. Many other mass media outlets have an additional presence on
5969-402: The digitization of television programs. While Discovery had divested the television-related patents, it retained the e-book patents. Amazon subsequently accused Discovery of violating a patent for an "Internet-based customer referral system"; The two parties settled in 2011. On October 4, 2011, due to the wider implementation of high-definition feeds for mainstream cable channels, HD Theater
6096-738: The BBC. In December 2020, Discovery announced that it would launch Discovery+ in the United States on January 4, 2021, which would feature new exclusive programming from across Discovery's brands, and previews of Magnolia Network (whose linear launch had since been delayed to 2022). In May 2021, Discovery formed a multi-platform content partnership with the Georgia Aquarium . On May 17, 2021, AT&T announced that it had reached an agreement to merge its content and broadcasting subsidiary, WarnerMedia (the former Time Warner, which AT&T had acquired in 2018 for just over $ 85 billion in an attempt to become
6223-577: The Discovery Communications headquarters in Silver Spring, Maryland, prompting an evacuation of the building. Lee's motive was believed to have been grounded in environmental activism . Lee had previously been arrested in 2008 while protesting in front of the same site. The National Consortium for the Study of Terrorism and Responses to Terrorism (START) at the University of Maryland has since labeled
6350-672: The French TF1 and Italian Mediaset networks and announced that Studio71 was expanding its business by setting up local operations in the two countries by launching a French division in France and an Italian division in Italy. In November 2017, Red Arrow Entertainment Group announced that they had purchased a majority interest in Cleveland-based American independent film distributor of independent films and documentaries Gravitas Ventures with
6477-452: The Internet has also allowed breaking news stories to reach around the globe within minutes. This rapid growth of instantaneous, decentralised communication is often deemed likely to change mass media and its relationship to society. "Cross-media" means the idea of distributing the same message through different media channels. A similar idea is expressed in the news industry as "convergence". Many authors understand cross-media publishing to be
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#17328983599016604-516: The Internet, however, it is questionable whether players of video games are sharing a common experience when they play the game individually. It is possible to discuss in great detail the events of a video game with a friend one has never played with, because the experience is identical to each. The question, then, is whether this is a form of mass communication. Five characteristics of mass communication have been identified by sociologist John Thompson of Cambridge University : The term "mass media"
6731-670: The Master Settlement Agreement between the US and the tobacco industries prohibited the billboard advertising of cigarettes. In a 1994 Chicago-based study, Diana Hackbarth and her colleagues revealed how tobacco- and alcohol-based billboards were concentrated in poor neighbourhoods. In other urban centers, alcohol and tobacco billboards were much more concentrated in African-American neighbourhoods than in white neighbourhoods. Mass media encompasses much more than just news, although it
6858-452: The TLC and Food Network programs Cake Boss and Ace of Cakes ), and a revival of TLC's While You Were Out incorporating HGTV personalities. On August 3, 2017, Discovery announced that it would contribute Velocity into a joint venture with the digital, live events, and direct-to-consumer businesses of automotive publisher TEN: The Enthusiast Network. Discovery will hold a majority stake in
6985-572: The Telegraaf Media Groep sold their stocks package and weren't stockholders anymore. At the end of 2013, ProSiebenSat.1 announced the sale of its Eastern European holdings. The Hungarian TV channels were sold in a local management buyout. In Romania, all TV and radio channels were divested, except for Prima TV, which would be acquired by Romanian businessman Cristian Burci and accepted by the Greek Antenna Group. The takeovers were done in
7112-500: The Telegraaf Media Groep to sell their interest in tranches at the stock exchange. On 19 August 2013, ProSiebenSat.1 Media AG finished its stock exchange launch, so that future common stocks will be listed in MDAX and the exchange council doubles. At 4 and 6 September, Lavenda Holding and Telegraaf Media Groep sold 17 percent of their stocks to institutional investors. Therefore, the stocks packet of KKR and Permira decreased to 33 percent and
7239-514: The UK. In addition, Discovery and the BBC reached an agreement to break up their UKTV joint venture (which was inherited from Scripps), with Discovery acquiring the BBC's shares in the Good Food , Home , and Really channels, and BBC Studios acquiring Discovery's shares in the seven remaining channels, and its streaming platform UKTV Play . Home was later rebranded as a local version of HGTV, and Good Food
7366-867: The United Kingdom. In May 2021, AT&T announced its proposal to merge its media subsidiary WarnerMedia with Discovery, Inc. The transaction was approved by the European Commission in December 2021 and was completed on April 8, 2022, forming Warner Bros. Discovery . The company was established in 1982 in Landover, Maryland as the Cable Educational Network. Its namesake and flagship brand, Discovery Channel , first launched on June 17, 1985. In 1991, Discovery Channel's owners acquired The Learning Channel . Three years later, Cable Educational Network
7493-399: The ability to publish in both print and on the web without manual conversion effort. An increasing number of wireless devices with mutually incompatible data and screen formats make it even more difficult to achieve the objective "create once, publish many". The Internet is quickly becoming the center of mass media. Everything is becoming accessible via the internet. Rather than picking up
7620-469: The activity of making information available for public view. In some cases, authors may be their own publishers. Traditionally, the term refers to the distribution of printed works such as books and newspapers . With the advent of digital information systems and the Internet , the scope of publishing has expanded to include websites , blogs and the like. Discovery Communications Discovery, Inc.
7747-413: The aforementioned Motor Trend -branded network were described as being examples of this strategy. Food Network Kitchen would also launch in 2019, with a focus on live and on-demand cooking classes. In June 2018, Discovery announced a 12-year agreement to acquire the international media rights to the PGA Tour , with plans to develop an international streaming service to house these rights. The service
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#17328983599017874-583: The bulk of a newspaper's income, is shifting from print to online; some commentators, nevertheless, point out that historically new media such as radio and television did not entirely supplant existing. The internet has challenged the press as an alternative source of information and opinion but has also provided a new platform for newspaper organisations to reach new audiences. According to the World Trends Report , between 2012 and 2016, print newspaper circulation continued to fall in almost all regions, with
8001-591: The capital stock were now in free float. At the Annual general meeting on 23 July 2013, the shareholders of ProSiebenSat.1 Media AG decided to combine the preferred stocks and the KKR and Permira common stocks. In this way, only the entitled votes could be traded at the Frankfurt Stock Exchange . KKR and Permira got only a minority by 44% of the common stocks, because the authorized capital contained 50% common stocks and 50% preferred stocks. The capital investors also decided with
8128-517: The class outline or assignments. Some classes have class blogs in which students are required to post weekly, with students graded on their contributions. Blogging , too, has become a pervasive form of media. A blog is a website, usually maintained by an individual, with regular entries of commentary, descriptions of events, or interactive media such as images or video. Entries are commonly displayed in reverse chronological order, with most recent posts shown on top. Many blogs provide commentary or news on
8255-555: The company announced the reduction of 180 jobs (100 in Berlin and 80 in Munich) until 2009. On the same day, two boulevard shows at Sat.1 were cancelled. Subsequently, further news shows were also to be cancelled or downsized. On 10 December 2007, Axel Springer AG announced a complete pull-out from ProSiebenSat.1 and the sale of their holding consisting of 12% of common stock and preferred stock to KKR and Permira for €500 million. This transaction
8382-566: The company was removed from the DAX stock market index, and instead listed on the MDAX . In May 2019, the Italian Mediaset (Mediaset S.p.A.) invested 330 million euros to take over 9.6% of ProSiebenSat.1 without having a role in the management, later rising to 15.1% in November 2019. The transaction took place through the subsidiary Mediaset España , which acquired a 5.5% stake in the capital, which
8509-558: The company without their right of preemption. This deal concluded in August of the same year. At the end of 2008, Guillaume de Posch left the company at his own request. On 1 March 2009, Thomas Ebeling became the manager of the company. In October 2009, the TV channel group had debts totaling more than €3.4 billion and they only paid the taxes for the loan. The group saved especially on program expenditures. On 12 January 2011, Permira and KKR announced
8636-584: The company's Series C common stock on or about August 6, 2014. In November 2014, Curiosity was spun out as a venture-funded startup , receiving $ 6 million in funding. In November 2015, Discovery Communications and Liberty Global paid approximately $ 195 million for a 3.4% stake in Lionsgate Entertainment with Discovery CEO David Zaslav joining the Lionsgate board of directors as part of the acquisition. In December 2015, Discovery launched Discovery Go,
8763-925: The company's founder Danish-born Mikkel Bondesen continued operating the company. In March 2012, Red Arrow Entertainment Group announced that they have acquired a majority stake in British unscripted production outfit CPL Productions marking Red Arrow's first move into the British unscripted market. Three weeks later on March 19 of that same year, Red Arrow Entertainment Group announced that they have acquired British scripted production company Endor Productions. In May 2012, Red Arrow Entertainment Group announced that they have acquired Israeli scripted and unscripted production company July August Productions. In July 2012, Red Arrow Entertainment Group had announced that their worldwide television distribution division SevenOne International had been renamed to Red Arrow International to reflect their parent company In February 2014, Red Arrow Entertainment Group announced that they have acquired
8890-553: The company's reach into digital media . He described these goals as reflecting an expansion into becoming a "content company" rather than just a "cable company". In March 2007, Discovery sold its stake in Travel Channel back to Cox Communications , in exchange for the stake in Discovery that Cox owned. Cox would later sell the controlling interest in the channel to Scripps Networks Interactive in 2009. In June 2008, Discovery Home
9017-463: The creation of two German production companies, Red Arrow Studios announced it was restructuring its international production and distribution operations and rebranding as Seven.One Studios; the international distribution division, Red Arrow Studios International, continued using the Red Arrow Studios name and its operations, following the sale of subsidiary Red Arrow Studios' U.S. production arm to
9144-449: The crime a terrorist attack . The incident began at 1:00 p.m. ET , when the 43-year-old Lee entered the building with two starter pistols and fired a single round at the ceiling of the lobby. The Montgomery County Police Department (MCPD) confirmed that Lee had an explosive device and was holding three people hostage in the lobby. The building was placed on lockdown and most of the 1,500 employees were evacuated. Children from
9271-491: The definition. In the early 2000s, a classification called the "seven mass media" came into use. In order of introduction, they are: Each mass medium has its own content types, creative artists, technicians and business models. For example, the Internet includes blogs , podcasts , web sites and various other technologies built atop the general distribution network. The sixth and seventh media, Internet and mobile phones, are often referred to collectively as digital media ; and
9398-671: The distribution company Gravitas Ventures maintaining their management and staff and continues to operate independently and will cooperate with Red Arrow Entertainment Group's own international distribution operation. In December 2017, Studio71 and over 15 other companies were merged to create Red Arrow Studios. In July 2022, Red Arrow Studios had announced that they have exited the American television industry by selling their US division to Peter Chernin 's new global independent production company The North Road Company. In November 2022, four months after selling their American television production outfit to Peter Chernin's The North Road Company and
9525-545: The end of 1999, ProSieben Media AG announced that they have taken 100% of Sat.1 SatellitenFernsehen GmbH, which was also part of the Kirch group at the time, and they merged in October 2000. The company controlled various TV channels such as SAT.1 , ProSieben and kabel eins . The company nearly merged with KirchMedia GmbH in 2002, but the merger failed due to the insolvency of the Kirch group. The company's stock price crashed following
9652-827: The exception of Asia and the Pacific , where the dramatic increase in sales in a few select countries has offset falls in historically strong Asian markets such as Japan and the Republic of Korea . Most notably, between 2012 and 2016, India 's print circulation grew by 89 per cent. Outdoor media is a form of mass media which comprises billboards, signs, placards placed inside and outside commercial buildings/objects like shops/buses, flying billboards (signs in tow of airplanes), blimps, skywriting, AR advertising. Many commercial advertisers use this form of mass media when advertising in sports stadiums. Tobacco and alcohol manufacturers used billboards and other outdoor media extensively. However, in 1998,
9779-453: The failed merger. In 2003, the company was bought out by P7S1 Holding , 25% owned by Haim Saban 's Saban Capital Group and other investors, who got an 88% voting share. Saban took over the TV channel group for €500 million. The remaining 12% belonged to Axel Springer AG . After the takeover by P7S1 Holding, the company was restructured and some TV shows were cancelled. The company's TV channels, aimed at an age group of 14 to 49 year-old had
9906-558: The false heroics behind those actions ". His manifesto also railed against "immigration pollution and anchor baby filth", leading commentators such as Mark Potok of the Southern Poverty Law Center to decry Lee as an " eco-fascist ". Lee's opinions were dominated by Malthusian analysis, though he also cited works ranging from Daniel Quinn 's novel My Ishmael to former U.S. Vice President Al Gore 's documentary An Inconvenient Truth . The Washington Post credited
10033-400: The first quarter of 2014. ProSiebenSat.1 acquired Gretzer Partners on Jan 2014 to expand its global media footprint. On 17 January 2014, KKR and Permira sold their last interest so they are not stockholders anymore. In February 2018, Thomas Ebeling left ProSiebenSat.1 and was replaced by Max Conze on 1 June 2018. In the meantime, Conrad Albert took over as interim manager. On 19 March 2018,
10160-412: The form of button/joystick combinations (on arcade games), a keyboard and mouse/ trackball combination (computer games), a controller ( console games), or a combination of any of the above. Also, more esoteric devices have been used for input, e.g., the player's motion. Usually there are rules and goals, but in more open-ended games the player may be free to do whatever they like within the confines of
10287-412: The fourth and fifth, radio and TV, as broadcast media . Some argue that video games have developed into a distinct mass form of media. While a telephone is a two-way communication device, mass media communicates to a large group. In addition, the telephone has transformed into a cell phone which is equipped with Internet access. A question arises whether this makes cell phones a mass medium or simply
10414-474: The interlinked web pages and other documents of the World Wide Web . Contrary to some common usage, the Internet and the World Wide Web are not synonymous: the Internet is the system of interconnected computer networks , linked by copper wires, fibre-optic cables, wireless connections etc.; the Web is the contents, or the interconnected documents , linked by hyperlinks and URLs . The World Wide Web
10541-414: The invention of digital recording and the compact disc in 1983 brought massive improvements in ruggedness and quality. The most recent developments have been in digital audio players . An album is a collection of related audio recordings, released together to the public, usually commercially. The term record album originated from the fact that 78 RPM phonograph disc records were kept together in
10668-414: The invention of the phonograph using purely mechanical techniques, the field has advanced with the invention of electrical recording, the mass production of the 78 record , the magnetic wire recorder followed by the tape recorder , the vinyl LP record . The invention of the compact cassette in the 1960s, followed by Sony's Walkman , gave a major boost to the mass distribution of music recordings, and
10795-443: The late 20th century, mass media could be classified into eight mass media industries: books, the Internet, magazines, movies, newspapers, radio, recordings and television. The explosion of digital communication technology in the late 20th and early 21st centuries made prominent the question: what forms of media should be classified as "mass media"? For example, it is controversial whether to include mobile phones and video games in
10922-647: The merger was approved by the Brazilian antitrust regulator Cade . It was approved by the United States Department of Justice two days later. The transaction was approved by Discovery shareholders on March 11, and formally completed on April 8, 2022. On September 1, 2010, the Discovery headquarters were the site of a hostage taking; a lone gunman identified as James J. Lee ( c. 1967 – September 1, 2010), armed with two starter pistols and an explosive device , took three people hostage inside of
11049-537: The mobile gaming studio Playdemic from WBIE for US$ 1.4 billion in the same month. In September 2021, Fox Corporation acquired TMZ from WarnerMedia in a deal worth about $ 50 million with TMZ being operated under the Fox Entertainment division. In November 2021, Discovery and WarnerMedia discussed a plan to combine the two streaming services, HBO Max and Discovery+ , into one streaming service in two phases: an initial phase that allows for quick bundling of
11176-465: The most amazing stories to life, with Discovery's global brand that has always stood brightly for integrity, innovation and inspiration". On June 7, 2021, Discovery announced that it would divest Great American Country to GAC Media , a new Fort Worth-based investment group led by Tom Hicks and former Crown Media Holdings CEO Bill Abbott . Electronic Arts , who were a bidder in the proposed sale of Warner Bros. Interactive Entertainment , purchased
11303-584: The network and Discovery through 2025. Harpo Productions retains a "significant minority stake" in the venture. In February 2018, Discovery sold a majority stake in Discovery Education to the private equity firm Francisco Partners. During its 2018 upfronts, Zaslav stated that the company was now strongly focused on serving "passionate fans and passionate audiences", and was preparing to increase its focus on direct-to-consumer offerings targeting such audiences. The SNI purchase, Eurosport's Olympics rights, and
11430-507: The newly created company becoming an international acquisition vehicle which would launch and acquire TV production companies in other countries. ProSiebenSat1.Media's international television distribution sales division SevenOne International was moved into the new holding company along with ProSiebenSat.1 Media's existing television production companies. Two months later in March 2010, Red Arrow Entertainment Group had announced that they've acquired
11557-474: The other hand, two or more organisations may share a channel and each use it during a fixed part of the day, such as the Cartoon Network / Adult Swim . Digital radio and digital television may also transmit multiplexed programming, with several channels compressed into one ensemble . When broadcasting is done via the Internet the term webcasting is often used. In 2004, a new phenomenon occurred when
11684-420: The products, but rather that the products are available in principle to a plurality of recipients. The sequencing of content in a broadcast is called a schedule . With all technological endeavours a number of technical terms and slang have developed. Radio and television programs are distributed over frequency bands which are highly regulated in the United States. Such regulation includes determination of
11811-418: The public, while media critics have raised questions about holding the press itself accountable to the standards of professional journalism. Public relations is the art and science of managing communication between an organisation and its key publics to build, manage and sustain its positive image. Examples include: Publishing is the industry concerned with the production of literature or information –
11938-414: The purchase, Discovery described itself as serving members of "passionate" audiences, and also placed a focus on streaming services built around its properties. Discovery owned or had interests in local versions of its channel brands in international markets, in addition to its other major regional operations such as Eurosport (a pan-European group of sports channels, most prominently the rightsholder of
12065-568: The sale of 8 million non-voting shares, which made up 3.7% of the capital stock. After finishing the bookbuilding process (according to their own disclosures), they retained 53% of the capital stock. On 20 April 2011, ProSiebenSat.1 sold their TV channels in Belgium and the Netherlands for €1.225 billion to an international media group led by Finnish company Sanoma. The sale concluded on 29 July 2011. On 14 December 2012, ProSiebenSat.1 Media AG announced
12192-503: The sale of its Scandinavian portfolio to Discovery Communications . Not included in the deal were the production companies, which were grouped into the Red Arrow Entertainment Group. With the proceeds, they wanted to pay off €500 million in debt as well as increase the dividend to about €5.60 per share (total of €1.2 billion). Besides, ProSiebenSat.1 Media AG wanted to reorganize their stock plan, so that all shares bought on
12319-470: The same month of that year, Discovery Communications announced a special dividend of shares of the company's Series C common stock payable to holders of record of the company's Series A common stock, Series B common stock and Series C common stock as of the close of business on July 28, 2014. As a result of the dividend, each holder of a share of the company's Series A common stock, Series B common stock or Series C common stock will receive one additional share of
12446-543: The series of content itself or to the method by which it is syndicated; the latter is also called podcasting. The host or author of a podcast is often called a podcaster. Mobile phones were introduced in Japan in 1979 but became a mass media only in 1998 when the first downloadable ringing tones were introduced in Finland. Soon most forms of media content were introduced on mobile phones, tablets and other portable devices, and today
12573-575: The services and a second phase that allows for a common service on one tech platform. In the same month, it was announced that Discovery will rename itself Warner Bros. Discovery and reclassify and convert its stock into stock of WBD. On December 22, 2021, it was announced that the transaction was approved by the European Commission and it is expected to be completed in mid-2022, subject to approval by Discovery shareholders and additional closing conditions. On January 5, 2022, The Wall Street Journal reported that WarnerMedia and Paramount Global (at
12700-404: The silver screen , photoplays , the cinema , picture shows , flicks and, most commonly, movies . Films are produced by recording people and objects with cameras , or by creating them using animation techniques or special effects . Films comprise a series of individual frames, but when these images are shown in rapid succession, an illusion of motion is created. Flickering between frames
12827-571: The six former Scripps channels, and Discovery's other lifestyle networks. Rich Ross , who formerly served as group president of Discovery and Science, stepped down, and would be replaced by TLC president Nancy Daniels as chief brand officer of Discovery & Factual. An on-air result of the acquisition were multiple programs featuring crossovers between TLC and Scripps talent, such as the Food Network series Buddy vs. Duff (a cake design competition series starring Buddy Valastro and Duff Goldman of
12954-461: The spin-off. Zaslav will lead the new company. He stated that the new company's goal would be to "[tell] the most amazing stories and have a ton of fun doing it", and emphasized that the two companies spend over $ 20 billion annually on content (outpacing Disney , Netflix and even Amazon ). The company will aim to expand their streaming services (which includes WarnerMedia's HBO Max ) to reach 400 million global subscribers. On June 1, 2021, it
13081-523: The stock market could be traded. The sale was completed on 9 April 2013 with a value of €1.325 billion. In the middle of February 2013, capital investors Permira and KKR started to sell all preferred shares in Lavena Holding 1, which amounted to 18%. The stock packet was sold at the Frankfurt Stock Exchange for close to €485 million (€24.60 per share). This way, all preferred shares or half of
13208-665: The ten best-selling printed books were originally released as mobile phone books. Similar to the internet, mobile is also an interactive media , but has far wider reach, with 3.3 billion mobile phone users at the end of 2007 to 1.3 billion internet users (source ITU). Like email on the internet, the top application on mobile is also a personal messaging service, but SMS text messaging is used by over 2.4 billion people. Practically all internet services and applications exist or have similar cousins on mobile, from search to multiplayer games to virtual worlds to blogs. Mobile has several unique benefits which many mobile media pundits claim make mobile
13335-434: The third screen (counting only TV and PC). A magazine is a periodical publication containing a variety of articles, generally financed by advertising or purchase by readers. Magazines are typically published weekly , biweekly , monthly , bimonthly or quarterly , with a date on the cover that is in advance of the date it is actually published. They are often printed in colour on coated paper , and are bound with
13462-431: The time known as ViacomCBS) were exploring a possible sale of either a majority stake or all of The CW , and that Nexstar Media Group (which became The CW's largest affiliate group when it acquired former WB co-owner Tribune Broadcasting in 2019) was considered a leading bidder. The news led to speculation that, should a sale take place, new ownership could steer the network in a new direction, transforming The CW from
13589-477: The total value of media consumed on mobile vastly exceeds that of internet content, and was worth over $ 31 billion in 2007 (source Informa). The mobile media content includes over $ 8 billion worth of mobile music (ringing tones, ringback tones, truetones, MP3 files, karaoke, music videos, music streaming services, etc.); over $ 5 billion worth of mobile gaming; and various news, entertainment and advertising services. In Japan mobile phone books are so popular that five of
13716-555: The venture; it will not include TEN's print brands, but there will be opportunities for cross-promotion. In April 2018, it was announced that TEN had been renamed Motor Trend Group , and that Velocity would be re-branded as an extension of its namesake magazine Motor Trend . In December 2017, Discovery announced that it would acquire an additional 24.5% stake in OWN that it did not already own, for $ 70 million. Oprah Winfrey will remain as CEO of OWN, and extended her exclusivity agreement with
13843-458: The virtual universe. In common usage, an " arcade game " refers to a game designed to be played in an establishment in which patrons pay to play on a per-use basis. A "computer game" or " PC game " refers to a game that is played on a personal computer. A " Console game " refers to one that is played on a device specifically designed for the use of such, while interfacing with a standard television set. A "video game" (or "videogame") has evolved into
13970-1171: The web, by such means as linking to or running TV ads online, or distributing QR codes in outdoor or print media to direct mobile users to a website. In this way, they can use the easy accessibility and outreach capabilities the Internet affords, as thereby easily broadcast information throughout many different regions of the world simultaneously and cost-efficiently. Outdoor media transmits information via such media as augmented reality (AR) advertising ; billboards ; blimps ; flying billboards (signs in tow of airplanes); placards or kiosks placed inside and outside buses, commercial buildings, shops, sports stadiums, subway cars, or trains; signs; or skywriting . Print media transmit information via physical objects, such as books , comics , magazines , newspapers , or pamphlets . Event organising and public speaking can also be considered forms of mass media. Mass media organisations or mass media companies that control these technologies include movie studios, publishing companies, and radio and television stations (the latter are also sometimes known as mass media networks ); they often form media conglomerates . In
14097-570: The width of the bands, range, licensing, types of receivers and transmitters used, and acceptable content. Cable television programs are often broadcast simultaneously with radio and television programs, but have a more limited audience. By coding signals and requiring a cable converter box at individual recipients' locations, cable also enables subscription -based channels and pay-per-view services. A broadcasting organisation may broadcast several programs simultaneously, through several channels ( frequencies ), for example BBC One and Two . On
14224-418: Was added to the shares already in the group's portfolio. On 23 March 2020, Mediaset España purchased a further 4.28% of the share capital equal to 4.35% of the voting rights, bringing Mediaset's stake to 20.1% and showing the ambition to participate in management, thanks also to the 10% held by Czech magnate Daniel Křetínský , considered by analysts to have close ties to Pier Silvio Berlusconi , in order to form
14351-499: Was an American multinational mass media factual television conglomerate based in New York City . Established in 1982, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel , Animal Planet , Science Channel , and TLC . In 2018, the company acquired Scripps Networks Interactive , adding networks such as Food Network , HGTV , and Travel Channel to its portfolio. Since
14478-403: Was announced that the merged company would be known as Warner Bros. Discovery , and an interim wordmark was unveiled with the tagline "The stuff dreams are made from"—a line from the 1941 Warner Bros. film The Maltese Falcon . Zaslav stated that the name would reflect "the combination of Warner Bros.' fabled hundred-year legacy of creative, authentic storytelling and taking bold risks to bring
14605-609: Was blocked by the Federal Cartel Office and the Commission on Concentration in the Media,. Springer announced to withdrew its offer on 31 January 2006. Haim Saban 's shareholding was bought by Permira , a private equity company and Kohlberg Kravis Roberts (KKR) for about €3 billion on 14 December 2006. The shareholding was merged with Permira and KKR's other European media shareholding SBS Broadcasting Group from Luxembourg. SBS
14732-463: Was closed in favor of the local version of Food Network. On May 13, 2019, Discovery announced that it would acquire Golf Digest from Condé Nast to integrate into its Discovery Golf division. In March 2020, Discovery began to deploy a new direct-to-consumer brand known as Discovery+ , initially in India, which would focus on content from across its factual and lifestyle television brands, as well as
14859-490: Was concluded on 16 January 2008. Therefore, the Lavena Holding 5, which was jointly controlled by KKR and Permira, got 5% of the common stock as well as 25% of the non-preferred stock. Upon the takeover of SBS by ProSiebenSat.1 in Summer 2007, KKR and Permira offered an option to the other owner, Telegraaf Media Groep (TMG) for 12% of the common stock if they renounce their right of preemption. In June 2008, TMG announced going into
14986-405: Was given six months of supervised probation and fined $ 500 after he was arrested during a protest outside the Discovery Communications headquarters. Lee had published criticisms of the network in an online manifesto at Savetheplanetprotest.com, among which was a demand for the company to cease the broadcasting of television series displaying or encouraging the birth of " parasitic human infants and
15113-516: Was made up of 19 private TV channels, 20 pay TV channels and radio stations. 50.5% of the stock have got 88% of the voting rights. The rest – 49.5% – of the stock was listed on the stock exchange and in free float. In the summer of 2007, ProSiebenSat.1 took full ownership in SBS for €3.3 billion and became the second biggest television broadcaster in Europe with yearly revenues of €3.1 billion. On 16 July 2007,
15240-485: Was officially announced in October 2018 as GolfTV , with Eurosport executive vice president Alex Kaplan named the president and general manager of Discovery Golf. Former Amazon executive Peter Faricy, who was named Discovery's chief executive of global direct-to-consumer operations in August 2018, considered GolfTV consistent with the aforementioned strategy, as golf was one of several sports "where people's passions and their interest in participating and learning more becomes
15367-521: Was originally scheduled to launch on October 4, 2020, but it was postponed to 2021 due to the COVID-19 pandemic in the United States . It was also announced that Fixer Upper would be revived for the new channel. In January 2019, Discovery increased its ownership of Play Sports Group, operator of the YouTube channel Global Cycling Network , to 71%. Discovery previously acquired a 20% share in 2017. The group
15494-444: Was relaunched as Velocity , a new "upscale male" network focusing on automotive programming. On May 26, 2012, Planet Green (which had begun to abandon its original concept in 2010 due to poor viewership) was relaunched as Destination America . In January 2014, Discovery launched Curiosity , a website that aggregates online education content. In April 2014, Discovery made an investment and strategic partnership with Dog TV ,
15621-533: Was renamed Discovery Communications. In October 1996, Discovery launched several new spin-off networks, including Animal Planet , and the digital cable channels Discovery Kids , Discovery Travel & Living , Discovery Civilization , and Science Channel . This was followed by the 1997 purchase of a 70% stake in Travel Channel , and the 1998 launches of Discovery en Español , Discovery Wings , and Discovery Health Channel . Also in 1998, Discovery acquired
15748-431: Was replaced by Planet Green , a network devoted primarily to environmentalism and sustainable living . In 2007, according to Crunchbase , TreeHugger was acquired by Discovery Communications on August 1, 2007, for $ 10 million. In 2012, Mother Nature Network , founded by Joel Babbit and Chuck Leavell (now Narrative Content Group) acquired TreeHugger. On January 15, 2008, Discovery announced that it had entered into
15875-423: Was reported that AT&T had elected to structure the merger as a spin-off of WarnerMedia, followed by a merger with Discovery Inc. to form the new company. The company had been contemplating structuring the transaction as a split-off (under which AT&T shareholders would be given the option as to whether to exchange their shares for those of the new company, rather than receive them pro rata ). On February 7,
16002-722: Was sold to TV4 in January 2009. 9Live was a commercial German participation TV channel launched on 1 September 2001 and lasted until 9 August 2011. Sat.1 Comedy was replaced by Sat.1 Emotions in 2012. Seven.One Studios (formerly known as Red Arrow Entertainment Group and Red Arrow Studios ) is a German film and television production and distribution holding company that is owned by ProSiebenSat1. Media that produces scripted and unscripted film and television content for ProSiebenSat1's channels and other networks internationally. Seven.One Studios had their first beginnings when. In May 2008, ProSiebenSat1.Media announced that they've launched
16129-542: Was the CEO of ProSiebenSat.1 Media SE until October 2022, when he left the company "in agreement with the Supervisory Board" at his own request. Since 1 November 2022, Bert Habets, the former CEO at RTL Group's Group Management Committee holds the position. The key indicators of ProSiebenSat.1 are (as at the financial year ending 31 December): Seven.One Entertainment Group is a German entertainment and holding company that it
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