Since immigrating to the U.S. in 1983, the professional life of Israeli-American investor Haim Saban has been the stuff of In 1988, he formed Saban Entertainment. By 1995, the company had joined forces with Rupert Murdoch's News Corp. to create a global joint venture known as Fox Kids Worldwide. In 2001, that company was sold for $5.2 billion to the Walt Disney Corporation. That move was followed, in 2002, by the launch of a new company, Saban Capital Group (SCG), dedicated to investing in media properties. In 2003, SCG went even more global, forming an investment group to take control of ProSiebenSat. 1 Media, one of Germany's leading television broadcast groups.