Tag: ProSiebenSat.1

Citing broader macroeconomic concerns in the German-speaking region, ProSiebenSat.1 Group reported Q1 revenues of €816 million ($875 million), a 13 percent reduction on the same period last year.

Citing broader macroeconomic forces in its German-speaking markets, ProSiebenSat.1 Group reported 2022 revenues of €4.2 billion ($4.6 billion), a 7.4 percent reduction on 2021, with adjusted net income dropping 17.4 percent to €301 million ($332 million).

ProSiebenSat.1 has outlined its new strategic focus, which places the streaming service Joyn at the center of its entertainment activities.

ProSiebenSat.1 Group's Seven.One Entertainment Group has sealed its biggest-ever film and series deal with NBCUniversal Global Distribution.

ProSiebenSat.1 has established Seven.One Studios, a new umbrella brand consisting of its eight production subsidiaries and global program distribution arm, under the leadership of CEO Henrik Pabst.

On the heels of advertising revenue gains in the second quarter, ProSiebenSat.1 Group has upgraded its projected full-year revenues.

First-quarter revenues at ProSiebenSat.1 Media were stable at €926 million ($999 million), with adjusted net income falling to €58 million ($62.5 million).

Mediaset has raised its stake in ProSiebenSat.1 Media to just under 20 percent, after acquiring a further 4.25 percent shareholding.

After 15 years at ProSiebenSat.1, Conrad Albert will resign from his role as deputy CEO with mutual consent as of April 30.

ProSiebenSat.1 has founded SevenOne Entertainment Group, which will bundle ProSiebenSat.1 TV Deutschland with its stations, SevenOne Media and other entertainment divisions.