Tag: ProSiebenSat.1 Media

ProSiebenSat.1 Media posted 2019 revenues of €4.1 billion ($4.6 billion), a 3 percent gain, boosted in part by digital advertising and gains at Red Arrow Studios.

Michaela Tod, co-CEO of ProSiebenSat.1 Media’s entertainment segment, has decided to leave the company for private reasons as of July 31, 2020.

Mediaset has increased its stake in ProSiebenSat.1 Media to 15.1 percent as it confirms its "commitment to invest in the future of free-TV development in Europe."

Max Conze, CEO of ProSiebenSat.1, told World Screen about the rationale behind a potential sale of Red Arrow Studios during a press roundtable at MIPCOM today.

Digital advertising and gains at Red Arrow Studios and NuCom Group contributed to a 4-percent bump in second-quarter revenues at ProSiebenSat.1 Media to €947 million ($1.1 billion).

Mediaset has acquired a 9.6 percent stake in the German broadcaster ProSiebenSat.1 Media.

ProSiebenSat.1 Media said its first-quarter revenues were up 4 percent to €913 million ($1 billion), driven by its content production, global sales and commerce businesses.

While 2018 revenues fell slightly to 4 billion euros ($4.5 billion) at ProSiebenSat.1 Media, the group is still forecasting a mid-single-digit percentage increase for 2019, driven by its content production, global sales and commerce businesses.

After more than 25 years with ProSiebenSat.1 Media, Rüdiger Böss has decided to leave the group, exiting the post of executive VP of content acquisitions and sales.

Jan Frouman, chairman and CEO of Red Arrow Studios and a member of ProSiebenSat.1 Media’s executive board, has decided to leave both posts when his current management contract concludes at the end of February 2019, with James Baker now appointed as president and COO of Red Arrow Studios.