Morphin Mogul: Israeli-American billionaire Haim Saban has a new TV empire to play with in Germany

Israeli-American billionaire Haim Saban has a new TV empire to play with in Germany

He's probably the biggest media mogul you've never heard of. Born in Egypt and reared in Israel, Haim Saban is the self-made billionaire who turned an offbeat Japanese kids' TV show into a global franchise: the Mighty Morphin Power Rangers. He lives on a six-acre estate in Beverly Hills, Calif., and keeps a fairly low profile. So why is he buying a group of major German TV networks and a film library?

Friends say the deal is "vintage Haim"--referring to the man's renowned eye for value, negotiating skills and colorful Yiddish shtick. "Bubeleh, let's make a deal; I feel it in...

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