ProSiebenSat.1. Germany

Tele Columbus launches new hybrid Android TV service for cable

German cable operator Tele Columbus is launching a new TV and streaming platform under its PŸUR brand using a hybrid Android TV-based set-top box. Telel Columbus says that its PŸUR TV HD offering combines live TV and on-demand, with an intuitive user interface and the maximum possible flexibility. In addition to integrating live and on-demand […]

ProSiebenSat.1 hit by delay in financial statements

Germany’s ProSiebenSat.1 has delayed the publication of its annual and consolidated financial statements for the 2022 financial year after a regulatory problem surfaced in relation to its Jochen Schweizer mydays subsidiaries. The broadcaster said that it had found, on the basis of an external assessment, that he business activities of its two subsidiaries Jochen Schweizer […]

Czech-based investor PPF acquires 9.1% stake in ProSiebenSat1

Czechia-based investment group PPF Group has acquired a 9.1% stake in German media company ProSiebenSat.1. The deal makes PPF ProSiebenSat.1’s second largest shareholder behind Silvio Berlusconi’s MediaForEurope, which owns 29.9%. In a short statement, PPF said it is “convinced that ProSieben’s digital transformation will create value for all shareholders. PPF looks forward to working with […]

ProSiebenSat.1 adjusts expectations downward in ‘difficult environment’

Germany’s ProSiebenSat.1’s second quarter revenues have edged above the €2 billion level for the first time in the first half of a year, in what the company admitted was a difficult market environment. That difficult environment led to a downward adjustment in the group’s EBITDA forecast for the full year. ProSiebenSat.1 now expects adjusted EBITDA […]