DECEMBER 10, 2000

Haffa on the verge of resignation

THOMAS HAFFA, the boss of EM.TV has told a German newspaper that he will resign as chief executive if he cannot regain the trust of investors and market analysts.

His resignation is expected early next week as our sources say that this would be an impossible task to achieve.

EM.TV continues to make headlines in German with the departure of the company's head of business development Ulrich Goebel and rumors that Leo Kirch is going to take over even more of the company in the coming days.