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 […]
German commercial broadcasting giant ProSiebenSat.1 Media admitted at an investment bank conference last week that while its advertising revenues had picked up in November and thus making the October-November period to be broadly flat (compared with 2019) and December still had potential for a latish surge in advertising. However, as investment bank Berenberg said on […]
A study using Ampere Analysis’s most recent AVoD revenue data has revealed that European broadcasters are no longer playing catch-up when it comes to first run VoD content. Broadcaster VoD (BVoD) audiences tend to be younger and more affluent than those who watch linear television, which has contributed to an increase in digital-only commissions. Investment […]