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Max Conze has stepped down as CEO of ProSiebenSat.1 Media, effective immediately, as the European media group refocuses its business on its entertainment segment.

CFO Rainer Beaujean has taken on the additional role of chairman of the executive board. Wolfgang Link, co-CEO of the entertainment segment, and Christine Scheffler, chief HR officer, have joined the executive board.

The company is shifting its primary focus back to the entertainment sector in Germany, Austria and Switzerland, with an emphasis on local and live formats, in close collaboration with Red Arrow Studios and Studio71. The digital reach will be extended, including Joyn. The company says that the commerce segment, NuCom, “remains an important pillar.”