Germany mass media company ProSiebenSat.1 closed the 2020 with a strong fourth quarter: In this period, Group revenues increased by 11 per cent to €1.492 billion. All segments contributed to this growth. The 3 per cent increase in entertainment advertising revenues, continued dynamic revenue development of the online beauty provider Flaconi and the positive effects […]
ProSiebenSat.1 Group has achieved revenues of around €4.040 billion and an adjusted EBITDA of around €700 million for the full-year of 2020. These figures are preliminary and unaudited. The German broadcasting group says its has “clearly exceeded its full-year financial outlook” last published in the context of the Q3 2020 results release, as well as […]
Extreme E, which is set for its first race in just over 10 weeks, has signed a long-term exclusive broadcast deal with Seven.One Sports, the sports business unit of Seven.One Entertainment Group, in Germany. The Seven.One Entertainment Group is a 100 per cent subsidiary of ProSiebenSat.1 Media and combines the ProSiebenSat.1’s channel brands, digital platforms, […]
Itailan commercial broadcaster Mediaset expects a 4 per cent growth in advertising revenue during the second half of 2020, compared to the same period in 2019, with a peak of 6-7 per cent in the last two months of the year. In an interview with daily Corriere della Sera, CEO Piersilvio Berlusconi said that revenues […]
Italian broadcasting group Mediaset is reiterating its willingness to increase its stake in the German broadcaster ProSieben. December 16th saw Bloomberg reported that Mediaset reiterated its ability to increase its existing 24.2 per cent equity stake in ProSieben although according to Blomberg it is currently happy with the size of its investment. The Italian group […]
German commercial broadcaster ProSieben has announced plans to expand its production activities with the group producing its own cross-platform news for its family of channels from 2023 onward. This new development implies a staffing ramp-up of some 60 people. The new news content will also have a more local bias, says Pro7. “ProSieben’s current news […]
The stresses on Europe’s commercial broadcasters continue. Rainer Beaujean, the Chairman of ProSieben’s (P7) Executive Board told German newspaper Handelsblatt that advertising revenues in September had fallen back but by less than 10 per cent. Beaujean said that October was shaping up in a similar vein. He did not provide the advertising outlook for the […]
German broadcasting giant ProSieben, speaking at Deutsche Bank’s 2020 European TMT Conference, confirmed that Q2 this year was “tough” in terms of ad-revenues, although July (down 20 per cent) and August (“slightly positive”) could indicate a return to better times for the final 4 months of the year. Deputy Group CFO Ralf Gierig, addressing the […]
Nicolas de Tavernost, CEO of French broadcaster M6 (backed by RTL Grp), has reiterated his view that a major change of European regulation is needed regarding broadcaster consolidation as he believes the headlines will be dominated by the theme over the next years. In an interview with Le Journal du Dimanche, de Tavernost put forward […]
The global Covid-19 pandemic has had considerable impact on ProSiebenSat.1 Group’s business performance. In the second quarter of 2020, the German broadcasting group is seeing the first signs of recovery in the advertising business as of July, supported by the economic brightening in the Group’s core markets of Germany, Austria and Switzerland. In the second […]