Advanced Television

joyn

ProSiebenSat.1 expects 2024 revenue growth

Germany’s ProSiebenSat.1 Group reports that it saw a positive development in many areas of the portfolio at the end of 2023 and thus achieved its most recently specified targets for the year. At €3.85 billion, Group revenues declined by 7 per cent or €311 million on the previous year; adjusted for currency effects and portfolio […]

March 7, 2024

Germany: Joyn on MagentaTV

ProSiebenSat.1’s streaming service Joyn content is now available to customers of Deutsche Telekom’s MagentaTV in Germany. Meanwhile, MagentaTV has received a general overhaul resulting in a new look. For new MagentaTV customers, these changes come into effect immediately. For existing customers, the refresh will take place on February 20th. All Joyn content can then also […]

February 15, 2024

ProSiebenSat.1 increases investment in local content

To strengthen market share in linear TV and the growth of streaming service Joyn, German media & digital company ProSiebenSat.1 Group has announced it will focus even more clearly on exclusive local content and increase its programming expenses by €80 million to around €1.05 billion in the coming year. This was decided by the Executive […]

December 20, 2023

ProSiebenSat.1 “stabilises revenues” in Q3

ProSiebenSat.1, the German mass media company, has reported that revenues have stabilised after what it described as “a difficult first half of the year”. Group revenues in the third quarter of 2023 were 3 per cent below the previous year at €888 million (previous year: €911 million). Organic revenue growth was almost stable. By contrast, […]

November 14, 2023

wedotv launches FAST channels on Joyn

AVoD and FAST Channel provider wedotv is now distributing its FAST Channels wedo movies, wedo sports and wedo big stories on German streaming platform Joyn. All Joyn users in Germany and Austria can receive the advertising-supported, linear 24-hour channels free of charge. The services are available in the Joyn app for smart TVs, tablets and […]

September 19, 2023

ProSiebenSat.1 Q2 revenues down 17%

ProSiebenSat.1 Group reports that is has the second quarter of 2023 “in line with expectations“. Against the current challenging macroeconomic environment in the German-speaking region (Germany, Austria, Switzerland), Group revenues in Q2 were 17 per cent below the previous year at €868 million. The TV advertising business in particular continued to be affected by ongoing […]

August 3, 2023

ProSiebenSat.1 axing 400 staff

ProSiebenSat.1, the German broadcasting group, has announced it will be cutting 400 full-time positions as part of restructuring measures focusing on its entertainment activities. In a press statement, ProSiebenSat.1 said that “a realignment of the organisation is now taking place” after acquiring the streaming platform Joyn in 2022. The aim is to” achieve a more […]

July 18, 2023

ProSiebenSat.1 Q1: ‘In line with expectations’

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 […]

May 26, 2023

ProSiebenSat.1 FY revenues down 7%

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 […]

April 28, 2023

ProSiebenSat.1 Q3 revenue down 13%

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 […]

November 15, 2022