The ProSiebenSat.1 Group is one of the largest independent media corporations in Europe. Free TV financed by advertising is our core business. With the stations SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, and ProSieben MAXX, we are the number one in the German TV advertising market. We have tapped into an attractive new business area with the distribution of our television channels in HD quality. We are also Germany's leading video marketer on the internet. We operate the video-on-demand portal maxdome, which contains with over 60,000 titles the most extensive offer of content in Germany, and provide our customers with the multi channel network Studio71 or the streaming app 7TV the best digital entertainment. In recent years, we have built a strong e-commerce portfolio, which is now one of our key growth drivers. In addition, our Group is represented by an international program production and distribution network in seven countries. This means ProSiebenSat.1 has a broad revenue and earnings basis.