Max Conze is to step down as CEO at German broadcaster ProSiebenSat.1 immediately, with the media giant set to re-focus its efforts on Red Arrow Studios, entertainment programming and expanding its on demand offerings. Conze joined from Dyson in 2018 to replace Thomas Ebeling but his tenure has been more recently associated with a tumbling share […]
ProSiebenSat.1’s “unique business model”, combining entertainment with e-commerce and digital advertising, will see it through a tough period, while the German broadcaster is seeing “very strong interest” in its Red Arrow production unit, according to CEO Max Conze. Speaking to analysts after the company posted a sharp drop in core advertising revenues offset by solid […]
Red Arrow Studios, the production outfit that ProSiebenSat.1 is mulling the possible sale of, helped push the German media group into positive territory in the third quarter, along with its advanced advertising business and e-commerce arm. While ProSiebenSat.1’s core advertising revenues fell by 6% during the quarter, overall revenues were up 4% to €926 million […]
ProSiebenSat.1’s strategic review and potential sale of production outfit Red Arrow is an expression of the company’s focus on “doubling down on the German footprint” and building an intellectual property portfolio that reflects that, according to CEO Max Conze. “it is important to have more German production,” Conze told MIPCOM attendees. “We are actively looking […]
ProSiebenSat.1 and Discovery, the partners behind German streaming JV Joyn, “definitely will” launch the platform outside Germany – but not yet, according to ProSiebenSat.1 CEO Max Conze. Speaking at MIPCOM, Conze said that the pair are “very focused on going one step at a time” to develop Joyn, starting with a free-to-view advertising-supported layer as […]
The German video entertainment business is capable of defending its patch against the threat of Netflix and new JV streaming platform Joyn will quickly emerge as the leading ad-supported streaming offering in the country, according to CEO Max Conze. Speaking to Die Welt newspaper, Conze said that there was a “defeatist” view at large that […]
Mediaset has made a “friendly” acquisition of a 9.6% stake in German commercial broadcaster ProSiebenSat.1 in what is seen by many observers as the first major step in a wider realignment of European broadcasters. Mediaset CEO Pier Silvio Berlusconi, commenting on the move, made it clear that the acquisition was strategic, in line with his […]
ProSiebenSat.1 plans to launch the new streaming service it is building in partnership with Discovery “with everything we’ve got”, according to CEO Max Conze, who added that the OTT TV offering would not cannibalise the commercial broadcaster’s existing business. Speaking to analyts after ProSiebenSat.1 somewhat disappointing results last week, Conze said that, in relation to […]
Former Dyson chief executive Max Conze will take up the same role at German broadcast group ProSiebenSat.1 Media. He will take up his post on June 1, with current incumbent Thomas Ebeling leaving today. ProSiebenSat.1 deputy CEO Conrad Albert will act as interim chairman before Conze joins. Ebeling’s departure was announced in November last year. […]
