German commercial broadcaster ProSiebenSat.1 Group closed the first quarter of 2023 in line with expectations: Group revenues are still impacted by the challenging macroeconomic environment and were thus 13 per cent below the previous year at €816 million in the first three months of the year (previous year: €941 million). In particular as a result […]

ProSiebenSat.1 closed its 2022 financial year in line with its outlook. Group revenues were at €4.1 billion, down 7 per cent on the previous year, in what the German broadcasting group called a “severely weakened market environment”. Organically, i.e., adjusted for currency effects and portfolio changes, Group revenues were down 5 per cent year-on-year. The […]

In the third quarter of 2022, ProSiebenSat.1 Group generated Group revenues of €921 million, down 13 per cent (previous year: €1.055 billion), in what is called a “challenging market environment”. Adjusted for currency effects and excluding the revenue contributions of portfolio companies recently disposed, such as the US production business of Red Arrow Studios as […]

German commercial broadcaster ProSiebenSat.1 Group is acquiring the outstanding 50 per cent of the shares in streaming service Joyn from Warner Bros Discovery. The joint venture was established with Discovery in 2017 and has been operating under the name Joyn since 2019. From day one, Joyn has focused on a strong, free and thus advertising-financed […]

24i, the end-to-end video streaming expert, has announced the launch of an advanced new personalisation and content recommendations service, 24iQ. This managed service is the result of the integration of 24i’s existing data team with the technologies and data science expertise of UK-based company The Filter, which was acquired by 24i in April 2022. The […]

24i, the end-to-end video streaming expert, has acquired UK data specialist The Filter. Co-founded by the musician, singer, songwriter, record producer and activist Peter Gabriel (pictured), The Filter’s data science, analysis and machine learning technologies help consumers to find and watch more of the video content they desire. The Filter’s managed service approach helps streaming […]

Results from the Kagan year-end 2021 Germany Consumer Insights survey show a substantial spike in online subscription video use last year, with overall SVoD use climbing 9 percentage points over 2020 to 81 per cent. Use of Amazon Prime Video, the most widely used SVoD service among respondents in Germany, reached 52 per cent at […]

Videociety, a subsidiary of Germany media company Splendid Medien, has reached an agreement with Joyn, the ProSiebenSat.1 and Discovery joint venture, to acquire its maxdome VoD store. With the takeover, effective from October 1st, the Splendid Group says it intends to further expand its VoD business. Financial terms were not disclosed. “We are seeing an […]

A+E Networks International has announced several more deals with global media companies that it says “underpins the company’s reputation as the leading distributor of TV movies in the world, and highlight the strength of its growing international co-production unit”. “During a time when so many broadcasters and streamers are in need of ratings proven content […]