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The European Commission authorizes the purchase of Chanel 5

The European Commission (CE) gives to the approval to the operation by which the German group of Bertelsmann communication (BAG) will buy and Television will take control of the exclusive control of the Briton 5 Chanel

The operation, that BAG will carry out through communications group RTL, with soothes in Luxembourg, was notified to EC the past 29 of July and examined by a simplified procedure - the one that employs the communitarian Executive when it thinks that a priori it will not have problems to the competition in the sector.

The Commission remembers that RTL, pertaining to Bertelsmann, is a group of diffusion and mass media whose activities are concentrated essentially in the areas of gratuitous television, televising production and wireless diffusion. BAG centers their economic activity in the book publication and magazines, presses, direct services and of logistic, club of books and music, diffusion of radio and television, as well as other questions ligatures to the sector of mass media. Chanel 5, until now under the joint control of BAG and United Business Average Group, is a company whose economic activity concentrates in the diffusion of gratuitous television, sale of advertizing spaces, acquisition of televising rights of diffusion and management of a site of Internet.


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