Wolfgang Link: Last News

German TV giant ProSiebenSat.1 and James Baker, the CEO of its Red Arrow Studios production and distribution unit, will not renew his contract that runs until the end of 2020, the company said on Wednesday. "After 10 years with the business James has decided to leave Red Arrow Studios," it said.

The changes at Germany’s ProSiebenSat.1 took further shape Monday when the German media giant said Seven.One Entertainment Group CEO Wolfgang Link will exit the company next month amid a restructure and downsizing of the group’s executive board.

Manori Ravindran International EditorRed Arrow Studios CEO James Baker is stepping down.ProSiebenSat.1, which owns the “Love is Blind” producer, revealed on Wednesday that Baker’s contract with the business, which runs until the end of 2020, will not be renewed, marking an end to his 10-year tenure.It’s believed Baker will return to the media investment sector in 2021, and also plans to expand his Swiss chocolate business, Jungcow.Following his departure, ProSiebenSat.1 will install an advisory board at Red Arrow Studios, comprising of Rainer Beaujean, chairman of the executive board and CFO of ProSiebenSat.1 Media SE; Wolfgang Link, member of the board and CEO of SevenOne Entertainment; and Henrik Pabst, chief content officer for SevenOne