In 1560, the king of Denmark bought the Bishopric of Ösel-Wiek from the last prince-bishop. The possession was given as an appanage to Magnus Herzog von Holstein, the brother of the king Frederick II of Denmark.
In 1560, King Christian III of Denmark acquired the Bishopric of Ösel-Wiek as part of a larger transaction involving its final holder, a prince-bishop. As a result, he granted the bishopric to Magnus Herzog von Holstein, his brother and a prominent noble family.