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ProSiebenSat.1 acquires Warner Bros. Discovery’s shares in OTT service Joyn

German commercial broadcaster ProSiebenSat.1 has reached an agreement to acquire the outstanding 50 per cent of the shares in streaming service Joyn from media group Warner Bros. Discovery.

The joint venture service was established in 2017 and has been operating as Joyn since 2019. The platform has established itself in Germany in recent years, with over 30 million app downloads and four million unique users per month.

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