Tag: Martin Mildner

ProSiebenSat.1 Media reported lower revenues in Q2 of €840 million, a 7 percent decline amid a "challenging market environment," but is expecting a recovery in the ad market in the second half of this year.

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.

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).

Powered in part by a recovery in its ad markets, ProSiebenSat.1 reported a 6 percent gain in Q1 revenues to €867 million ($937.8 million), with its adjusted EBITDA up by 35 percent to €72 million ($77.9 million).

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.