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ProSieben CFO Sees No Crisis in 2012, Boersen-Zeitung Says

ProSiebenSat.1 Media AG isn’t expecting 2012 to be a crisis year for German television advertising, even in the face of an economic downturn, Boersen-Zeitung reported, citing Chief Financial Officer Axel Salzmann.

Salzmann said that the company expects another “record-result” in 2011 after a “satisfactory” fourth quarter, according to the e-mailed preview of an article that will appear in tomorrow’s edition.

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