SBS Broadcasting Group (SBS), formerly Scandinavian Broadcasting Systems, was a European multinational media group, operating commercial television, premium pay channels, radio stations and related print businesses in Northern, Western and Central and Eastern Europe.
In 1991, Sloan bought the Swedish Nordic Channel, which was soon renamed Kanal 5 and became the third-largest commercial broadcaster in the country.
[4] In March 2005, SBS acquired C More Entertainment, a Nordic pay tv provider operating under the Canal+ brand.
In that year, SBS was bought by the equity firms Permira and Kohlberg Kravis Roberts (KKR).
[7] In the end of 2011 ProSiebenSat.1 Group has sold its Bulgarian radio stations as well as the music channel the Voice TV to A.E.