Advanced Television

ProSiebenSat.1

ProSiebenSat.1 revenue up 5%

ProSiebenSat.1 Group continued its 2024 growth in the second quarter. Group revenue at the German broadcaster increased by 5 per cent to €907 million. In the first half of the year, the company recorded revenues of €1.7 billion – also an increase of 5 per cent compared to the same period in 2023. The Group […]

August 8, 2024

Rhoenisch named CEO of ProSiebenSat.1’s Commerce & Ventures

Tim Rhoenisch has been appointed as the new CEO of the Commerce & Ventures segment of ProSiebenSat.1 Media SE with imediate effect. He assumes this position in addition to his role as CFO, which he has held since May 2022. The previous CEO, Friedrich Thoma, is leaving the company by mutual agreement. Rhoenisch joined the […]

August 5, 2024

ProSiebenSat.1 Q1 revenue up 6%

ProSiebenSat.1 reports that it has continued positive trends in Q1 and has confirmed its full-year outlook. The German broadcasting group had a strong start to the year; while Group revenues increased by 6 per cent to €867 million in the first quarter of 2024, adjusted EBITDA grew by 35 per cent to €72 million despite […]

May 14, 2024

ProSiebenSat.1 split rejected

The results of the Annual General Meeting of ProSiebenSat.1 Media on April 30th show that the free-float shareholders have supported all proposals of the Management. This leads to the decision that the motion by MFE-MediaForEurope (MFE) according to which ProSiebenSat.1 should have examined and prepared the separation of the Commerce & Ventures and Dating & […]

May 1, 2024

ProSiebenSat.1 Q1 recovery; MFE readies bid?

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 […]

April 16, 2024

ProSiebenSat.1 rejects MFE proposals to split business

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 […]

March 27, 2024

MFE-MediaForEurope sees increased profits

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 […]

March 19, 2024From Branislav Pekic in Rome

ProSiebenSat.1 shuffles Executive Board

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 […]

March 18, 2024

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

RTL, ProSiebenSat.1 ad tech partnership

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 […]

February 22, 2024