UNTERFÖHRING (dpa-AFX) - ProSiebenSat.1's major shareholders MediaForEurope (MFE) and PPF Group have successfully placed their opposing candidates on the Supervisory Board despite the media group's reservations. MFE candidate Leopoldo Attolico and PPF candidate Christoph Mainusch were elected as new members of the Board, as announced by Chief Executive Andreas Wiele at the Annual General Meeting in Unterfohring on Tuesday. The ProSiebenSat.1 Supervisory Board had previously positioned itself against the election of the two and favored its own candidates.

The media group also suffered a setback in another agenda item: with the blessing of its shareholders, it wanted to reorganize its core business around the streaming platform Joyn internally - but the shareholders voted against this by a narrow majority. Both the Executive Board and the Supervisory Board had argued that the reorganization would have resulted in tax savings in the low three-digit million range./ngu