CEO of Seven.One Entertainment Group, Wolfgang Link, is to exit parent company ProSiebenSat.1 after more than a decade at the group.
Link leaves the group July 15 and will remain with the company as an advisor until at least the end of the year. His departure comes as the group restructures its Entertainment division, with ProSiebenSat.1 Group CEO Bert Habets to directly manage the Entertainment segment in the future.
ProSiebenSat.1 revealed at the end of March the group will focus on its entertainment business in the future and expand its digital business, with its streaming platform Joyn a key priority.
Prior to his appointment to the executive board in 2020, Link held various management positions at ProSiebenSat.1.
During his tenure he helped established an integrated entertainment house by combining the sales entity with the individual station brands as well as the content, digital and distribution areas. He also advanced the development of the newsroom and created the basis for innovative and local entertainment formats, according to the group. Most recently, Link was responsible for the complete takeover of Joyn.
Dr. Andreas Wiele, chairman of the supervisory board of ProSiebenSat.1 Media SE commenting on Link’s exit praised him for leading the company from a pure free TV provider to a digital, platform-independent entertainment company.
“The reorganization of the Executive Board is the logical consequence of the focus on the entertainment business. Here, Bert Habets can set new accents as CEO. The downsizing of the Executive Board is also in line with the Group-wide transformation program to optimize structures and costs,” he said,
Bert Habets, Group CEO of ProSiebenSat.1 Media SE added: “The transformation of the Group is essential, and we will continue to invest heavily in local and international content in the future.Through Wolfgang Link, ProSiebenSat.1 has built up many excellent stars and talents like Joko & Klaas, produced top-class local content and created an innovative content house.”
“I look back on the past 14 years with great gratitude. Together with a great team, we have written a piece of entertainment history” said Link. “It was and is a great privilege to inform and entertain Germany with great content every day. I look forward to continuing to serve ProSiebenSat.1 as an advisor.”
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