Tag: Joyn

Revenues at ProSiebenSat.1 Media were largely in line with last year at €855 million ($955.3 million), while adjusted EBITDA took a hit as a result of declines in the linear ad business.

Henrik Pabst, the head of content at ProSiebenSat.1 Media, told CTV Festival viewers about how the German media group is evolving its strategies for reaching audiences and advertisers in a keynote Q&A with World Screen’s Mansha Daswani today.

ProSiebenSat.1 Media posted 2024 revenues of €3.9 billion ($4.2 billion), a 2 percent year-on-year increase, despite a challenging linear TV advertising market.

For the first nine months of the year, ProSiebenSat.1 Media reported revenues of €2.66 billion ($2.8 billion), a 3 percent increase on the same period last year thanks to gains in digital advertising, while Q3 results were flat at €882 million ($930 million).

Revenues at ProSiebenSat.1 Media rose by 5 percent in the second quarter to reach €907 million ($989.6 million), driven in part by AVOD gains.

Preliminary first quarter revenues at ProSiebenSat.1 Media rose by 6 percent to €867 million ($921.1 million), propelled by a recovery in ad revenues and gains at its streaming platform Joyn.

ProSiebenSat.1 CEO Bert Habets is taking on the additional role of CEO of Seven.One Entertainment Group, with the senior management team of managing directors rounded out by Henrik Pabst, chief content officer, and CFO Stefan Endriß.

The managing director talks about what sets the streaming service apart in the digital landscape and how it’s been received by viewers so far.