Tag: ProSiebenSat.1

ProSiebenSat.1 is partnering with Comcast-owned FreeWheel to deliver new advertising solutions across Europe.

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.

The Czech investment firm PPF is launching a public acquisition offer to increase its share in ProSiebenSat.1 Media to just under 30 percent.

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.

Bert Habets will remain as group CEO of ProSiebenSat.1 Media for another three years, through October 2028.

Tim Rhoenisch has been tapped as the new CEO of ProSiebenSat.1’s Commerce & Ventures segment, taking over for Friedrich Thoma, who left the company by mutual agreement.

Advertising woes, the conflict in Israel and Gaza, inflation and escalating production costs may have everyone on edge, but the mood in Cannes was less “the sky is falling” and more, as Lucy Smith, the market’s director, said at a closing press conference, “from challenges come opportunities,” as demonstrated by the plethora of keynotes and news throughout the week.

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.

Bolstering the Joyn streaming service and refocusing some of its content investments are key strategies for ProSiebenSat.1 as the company navigates challenging economic headwinds, Bert Habets, CEO, and Henrik Pabst, chief content officer at Seven.One Entertainment Group, told reporters at a press round table at MIPCOM.

Wolfgang Link, former chief entertainment officer and CEO of Seven.One Entertainment Group, has decided to exit ProSiebenSat.1 as of July 15, after 14 years with the company.