German broadcaster ProSiebenSat.1 has reported what it has described as “a very good start to the year”, and achieved profitable growth in many areas of the portfolio in Q1. This is the result of an analysis of preliminary figures. The Group increased its revenues in the first quarter by 6 per cent to €867 million […]

The Executive Board and Supervisory Board of ProSiebenSat.1 Media has rejected the proposals of MFE-MEDIAFOREUROPE for the Annual General Meeting on April 30th. The motions submitted by MFE, which is controlled by the Italian Berlusconi family, include proposals for a split-up of the company, the composition of the Supervisory Board and the restriction of the […]

Italy-based broadcasting group MFE-MediaForEurope is expected to close 2023 with profit exceeding €217 million, the figure recorded in the previous year. This figure does not include the effects of adding ProsiebenSat.1 to their finances. Advertising revenues in Spain and Italy are expected to grow by 5 per cent compared to the same period in 2023. The […]

The Supervisory Board of ProSiebenSat.1 Media has appointed Markus Breitenecker, currently CEO of ProSiebenSat.1 PULS4, to the Group Executive Board as of April 1st. Together with CEO Bert Habets, Breitenecker will take over the management of the strategically important Entertainment segment as Chief Operating Officer. His focus will be on the areas of streaming and […]

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 […]

RTL Deutschland and ProSiebenSat.1 have announced a partnership will bring together the content and services of each group’s adtech company, Smartclip and Virtual Minds, so that advertisers can run campaigns spanning the two partners’ platforms – ranging from linear TV to smart TV advertising and campaigns on the RTL+ and Joyn streaming platforms. The media […]

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 […]

In Q4 2023, German broadcasting group ProSiebenSat.1 recorded what it called “a significant increase” in the adjusted EBITDA of 11 per cent compared to the previous year quarter to around €335 million based on preliminary figures (Q4 2022: €303 million). Thereby, the Group exceeded its previous earnings expectations for this quarter. Most recently, the Group […]

Analysts at investment bank BNP-Paribas suggest that 2024 remains another transitional year for German broadcaster ProSiebenSat.1 (PSM). It says that PSM’s increased investment in local content is the right strategic move “but is painful for shareholders”. The bank says that management will increase that local content to support its digital offering. That extra investment on […]

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 […]