Some of the biggest global names in media and the Internet have established operations in Luxembourg over the past decade: Amazon, eBay and PayPal to name just a few.
Luxembourg has a proud history in the broadcasting industry: it hosts SES, the global telecommunications satellite operator, and is home to the RTL Group – the largest commercial broadcaster in Europe. More recently it demonstrated that it is a fertile location for the development of new services. Skype was founded in Luxembourg in 2003 and went on to become a global leader in its industry.
A number of international e-gaming companies have also established their European offices in Luxembourg, in order to gain access to the European market. Key to attracting some of these players to Luxembourg has been the Government's strategy of developing ultra-high speed connections and fostering an ultra-short time lag between Luxembourg and the primary European Internet access centres.
Luxembourg operates a considerable number of high-end back office support functions for a number of businesses, and this is also proving useful to the media industry.
Video and online gaming companies, as well as media and entertainment companies, continue to thrive in Luxembourg, serving as a base for their European operations.