ProSieben (Sieben is German for seven) is a commercial television station in Germany. It is largely distributed by cable and satellite and to a lesser extent DVB-T (Digital Video Broadcasting – Terrestrial). It began operations on January 1, 1989. Since 2003 the station, part ProSiebenSat.1 Media, is owned by a group of investors led by Haim Saban. ProSieben is Germany's second largest privately owned television company. Although ProSieben produces some of its programming itself, it also airs many American imports. On May 3, 2012, ProSieben launched a payTV channel called ProSieben Fun. A third channel called ProSieben Maxx started broadcasting on September 3, 2013.