Bids for KirchMedia, part of the beleaguered German media empire Kirch founded by Leo Kirch, are due in by the end of Wednesday.

KirchMedia is insolvent and the business is being auctioned off. This sale will mark the latest step in the changing shape of Germany's media sector.

Janine Brewis

Commerzbank

Axel Springer Verlag

Viacom

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Deadline looms for KirchMedia bids

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