ProSiebenSat.1 Buys Majority Share in Social-Advertising Company

ProSiebenSat.1 Media is acquiring a majority stake in esome advertising technologies, a leading social-advertising provider.

The Hamburg-based company bundles the technology and the management of social media campaigns on all social networks, notably Facebook, for advertisers. In the future, the technology will also be used for the KPI-based optimization of display, video and later for addressable TV.

Accordingly, ProSiebenSat.1 is expanding the ad-tech management team. Jana Eisenstein will join Advertising Platform Solutions as executive VP on January 1, 2018. She will manage the business of this growth area together with Jens Mittnacht.

Christof Wahl, member of the executive board for digital and COO of ProSiebenSat.1 Group, said: “The majority stake in esome is another boost for our positioning in the ad-tech sector and expands our expertise with KPI-based products in the attractive social-advertising market. With the aid of esome’s technology, performance-oriented and thus even more effective addressable TV campaigns will be a possibility in the future.”

Hansjörg Blase, together with Christoph Brust, Falk Bielesch and Manuel König, founders of esome advertising technologies, commented: “We are delighted to have ProSiebenSat.1 Group as a strong partner by our side for the rigorous advancement of our business model. The combination of our optimization technology and an experienced team will allow us not only to effectively adapt advertising inventory on social networks but also to offer our customers extensive advertising solutions.”