The Hans-Bredow-Institut analyses problems of media concentration as well as general constraints on private broadcasting providers according to broadcasting law.
The tension between commercial interests and the demands of society and of constitutional law on electronic media has been topical since private broadcasting was introduced. The participation of finance investors such as Private Equity Funds in the media sector seems to exacerbate the attendant tensions, as such funds clearly operate with yet higher expectations of returns and yet shorter time horizons.
At the latest with the investment of the two private equity houses Permira and KKR in the German broadcasting group ProSieben/Sat.1, the interest of broadcasting policymakers in this topic has grown considerably. In cooperation with the Centre for Entrepreneurial and Financial Studies at the Technical University of Munich
and the Institute for Journalism Studies and Media Research at the University of Zurich
, the Hans-Bredow-Institut was commissioned in October 2007 by the Conference of the Directors of the State Media Authorities to investigate and assess specific topics concomitant on such investments as these.
The proposition was initially examined from the perspective of financial and journalism studies and subsequently from that of media law and regulation, in order to be able to respond to problems of media concentration from a regulatory viewpoint as well as to questions on the general constraints on private broadcasting providers according to broadcasting law.