Mediaset denies ProSiebenSat.1 merger rumours, pulls sale of DTT unit

Mediaset and ProSiebenSat.1 have strongly denied press rumours that emerged last week that they are in talks about a possible merger. The Italian broadcaster issued a statement that “no negotiations are underway” with the German media group. ProSiebenSat.1 CEO Max Conze meanwhile told Reuters that he saw “no industrial logic” in such a combination. Conze […]

European Media Alliance chiefs reaffirm vows

The chief executives of companies participating in the European Media Alliance have reiterated their commitment to collaborating in areas including streaming, joint technology initiatives and new revenue opportunities. The group marked its fifth anniversary be convening in Vienna yesterday, at the digital 4Gamechangers Festival hosted by ProSiebenSat.1 and Puls 4. The CEOs of ProSiebenSat.1 Media, […]

ProSiebenSat.1 ‘must deliver’ on targeted advertising strategy

German commercial broadcaster ProSiebenSat.1must “deliver on its ambitions to accelerate growth in its non-traditional linear advertising business” to convince investors, according to analysts at Berenberg. According to the analysts, the company’s stock price already reflects the risk of further downgrades after a difficult year. However, Berenberg sees a likelihood of “robust demand for targeted TV […]

RTL’s Habets rejects streaming collaboration with ProSiebenSat.1

RTL CEO Bert Habets rejected collaboration with rival ProSiebenSat.1 to create a common streaming platform at the company’s full year results presentation at the end of last week, according to local reports. Habets said he was “very confident” that RTL can develop its own streaming offering in a way that delivers growth and economies of […]

ProSiebenSat.1 chief denies streaming service will cannibalise TV

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 […]

ProSiebenSat.1 names Nick Thexton as CTO

German commercial broadcaster ProSiebenSat.1 has named former YouView and Cisco service provider video technology chief Nick Thexton as its CTO. Thexton, who comes to ProSiebenSat.1 from Inmarsat, where he is currently chief digital and product officer, will take up his new role in June, reporting to CEO Max Conze. He will be part of the […]

ProSiebenSat.1-Discovery JV makes key management appointments

ProSiebenSat.1 and Discovery’s German joint-venture 7TV’s CEO Alexander Vassilev has strengthened his management team by naming Katja Hofem as co-managing director for content, marketing and partner management and Jochen Cassel as co-managing director responsible for finance, legal and HR. The JV has also named Contanze Gilles as SVP of distribution and partnerships. Hofem will be […]

ProSiebenSat.1 hires Dyson exec as co-CEO of new standalone Entertainment company

German broadcaster ProSiebenSat.1 is revamping its management structure, with its Entertainment arm to be split off as a standalone company under co-CEOs Wolfgang Link and Michaela Tod, currently president of soon-to-be-Singapore-based vacuum cleaner outfit Dyson’s Greater China region. Sales and marketing chief Sabina Eckhardt is meanwhile to leave the company by mutual consent, with her […]

ProSiebenSat.1 to take majority control of Aroundhome

ProSiebenSat.1’s e-commerce arm NuCom Group has acquired a majority stake in German service finder site Aroundhome from General Atlantic and the company’s founders. NuCom which previously held a 42% stake in the outfit, has now upped this to 94% in a deal that gives Aroundhome an enterprise value of €140 million. The purchase means that […]

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