Leo Kirch / Entrepreneur (service)

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Leo Kirch (* 21 October 1926 into drive today too people oh) is a German media entrepreneur.

Life

Leo Kirch as a son of the wine farmer Robert Kirch and its Mrs. Katharina into drive with people oh (after other sources in peppering castle) born, where it also buildup. It visited first the elementary school in its place of residence, afterwards changed it on the upper six-form high school after pepper castle after the Abitur in peppering castle studied it marketing and management and mathematics in peppering castle and Munich and attained a doctorate 1952. At the University of Munich it was concerned as an assistant preferentially with the electronic media.

As a film right dealer ascended Leo Kirch for the 1960er years to one of the most important and most influential media entrepreneurs of Germany. Its first film was La Strada of Federico Fellini, which it got to 1956 personally from Italy. It developed a complex and unclear enterprise with countless daughters and participation. The Second Channel of German Television depended completely for many decades on it and possessed no own Hollywood contacts. In order to make itself not completely on a film dealer dependent, one wanted also also of other films to buy, to came out that also these other companies belonged to Kirch. When with the arising of the private television of the transmitters Kirch understood as competition and with it made no more business, no more important features ran in the Second Channel of German Television for some years.

1985 acquired Leo Kirch a participation in the Axel Springer publishing house, end of the 1980er years entered it with the television station SAT.1, in the middle of the 1990er years created it the paying television company DF1 (today premiere). At this time Leo Kirch controlled large parts of the German and a part of the European medium market over its different participation.

Kirchs son Thomas Kirch was partner with pro filters, who had come out from the transmitter Eureka TV 1989.

Already in the 90's there was again and again report over financial difficulties of the Kirch group up to the edge of the insolvency. Reasons were to large investments into the paying television due to a false estimate. In other countries of Europe Pay TV could be profitably operated, because there were only few freely receiptable channels. Kirch however tried, its film supplies equal in several transmitters in the Free TV to marked out and on premiere. Many films and series were radiated even time near on premiere and a Free Tv transmitter. This offer in excess provided for weak paragraph numbers. In addition was easy the premiere decoder to crack, so that there were many not paying blackrather. Kirch pumped additionally enormous money supplies to the soccer federal league, which led to the fact that there even moderate players could earn million-salaries. In the year 2002 renewed pecuniary difficulties of the Kirch group became admit. In April 2002 KirchMedia placed an insolvency request, Leo Kirch withdrew itself from the enterprise, kept however extensive Beteilgungen at companies in Switzerland, which did not fall into the insolvency mass. The insolvency of the KirchMedia represents the largest insolvency of an enterprise in German postwar history.

In the year 2002 Kirch Deutsche Bank sued, since she carries a debt at the insolvency in its opinion. This debt is itself from the expression of Rolf e. Breuer, which deduce executive committee speaker at that time of the German bank. This had said on the television that it admits generally was that Kirch gets no more credits. In the opinion Kirchs caused this expression the notice of its credits following on it by all other banks. After the BGH decided on 24 January 2006 the fact that only the society, which with the German bank had taken up the credit (print participation GmbH), not however Kirch or in principle is entitled to other societies of the KirchGruppe compensation, plans Kirch a Leistungsklage against Deutsche Bank.

Kirch is considered as public shy, for many years gave it a only one well-known photo from large distance. Leo Kirch suffers from diabetes and meanwhile due to these almost went blind.

Kirch and Kohl

Leo Kirch and old Federal Chancellor Helmut Kohl are friendly for decades. Kirch was always accused to prefer its friend in its media substantial and to make choice advertisement for it. Kohl however arranged the creation of the private television as one of its first official acts after the turn 1982, which made the emergence possible of the Kirch Imperiums only. When Kohl after the CDU donation affair friends and trailer asked for donations at a value of 6 million DM, in order to repair the financial damage for the CDU, was Kirch with the largest donor (1 Mio.DM).

Advisor of KirchMedia

Only in the context of the insolvency procedure from KirchMedia admit that Leo Kirch had bound numerous persons from politics and media by advisor contracts to its enterprise, the demonstrably following became: