ProSiebenSat.1’s ecommerce arm interested in dating app developer

ProSiebenSat.1 is considering buying social streaming app developer Meet Group. As reported by Reuters, the acquisition is being looked at through ProSiebenSat.1’s NuCom ecommerce business. According to sources familiar with the matter, NuCom has made a “preliminary expression of interest” to buy Meet Group, whose portfolio includes mobile social entertainment apps such as MeetMe and […]

ProSiebenSat.1 chooses AWS as primary cloud provider

German broadcaster ProSiebenSat.1 has chosen AWS as its primary cloud provider and is working closely with AWS to adopt cloud services within all parts of its broadcast and digital media businesses, production companies, and e-commerce platforms.  Most of ProSiebenSat.1‘s brands have previously deployed applications on AWS, including its Joyn streaming platform, offering viewers over 20,000 […]

Joyn launches premium offering at €6.99 a month

ProSiebenSat.1 and Discovery streaming joint venture Joyn has unveiled its premium offering, Joyn Plus+, which will be available to viewers for a subscription of €6.99 a month. Joyn Plus+ is kicking off with a promotional offer for viewers who sign up before the end of the year of one month free and a charge of […]

ProSiebenSat.1 CEO plays down Mediaset merger, focuses on collaboration

Max Conze, CEO of ProSiebenSat.1, has played down talks of a merger with Mediaset. The comments were made in light of the Italian operator’s decision to increase its stake in ProSiebenSat.1 to 15.1%. The CEO instead said that the German broadcaster is more interested in collaborating with Mediaset.  Reuters reports that while speaking at the […]

Mediaset increases ProSiebenSat.1 stake, but doesn’t plan takeover

Mediaset has increased its stake in ProSiebenSat.1 as a part of its aspirations to create a pan-European media group. Announced on Monday, the Berlusconi-controlled Mediaset now holds 15.1% of the German broadcaster, following the acquisition of a further 5.5% stake in the company. The purchase was done through Mediaset’s Spanish unit, Mediaset Espana.  The purchase […]

ProSiebenSat.1’s Conze hails ‘unique business model’, highlights Joyn premium launch plan

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, e-commerce and advanced advertising save the day for ProSiebenSat.1

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 […]

Red Arrow sale could enable ProSiebenSat.1 to ‘double down’ on German market

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 […]

Conze: ‘one step at a time’ for Joyn but international launch planned

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 […]

Moonbug appoints former ProSiebenSat.1 exec Eglau as head of EMEA

Family entertainment brand Moonbug has appointed former ProSiebenSat.1 exec Nicolas Eglau as its head of EMEA. The new role, based in London, will oversee the EMEA business with a focus on furthering operations and growth into international markets, in addition to licensing, partnerships and platform distribution. Eglau was most recently EVP international at ProSiebenSat.1 Group, […]

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