ProSiebenSat.1 bounces back in Q4

German broadcaster ProSiebenSat.1 saw its revenues bounce back in the fourth quarter, with 11% growth to €1.492 billion, thanks in part to strong growth in the German domestic advertising market. The quarterly numbers helped boost the broadcaster’s full-year performance, with total revenues of €4.047 billion just 2% down on the pre-COVID-19 prior year. ProSiebenSat.1 saw […]

ProSiebenSat.1 pay TV services land on Amazon Channels

German commercial broadcaster ProSiebenSat.1’s Seven One Entertainment arm has made its pay TV channels ProSieben Fun, SAT.1 emotions and Kabel Eins Classics available on Amazon Prime Video.  Prime members can access the channels as part of the Prime Video Channels offering live and on-demand in HD. Viewers can subscribe to all three pay TV channels […]

ProSiebenSat.1 sees strong recovery as ad market and e-commerce deliver

German broadcaster ProSiebenSat.1 saw a strong recovery in the third quarter, with revenues almost on par with 2019 thanks to a recovery in the ad market and a strong showing from online beauty and dating properties. The group posted revenues of €921 million, down from €926 million in 2019, with EBITDA up 13% to €149 […]

ProSiebenSat.1 sells pharmaceutical sales unit

German commercial broadcaster ProSiebenSat.1’s ecommerce subsidiary NuCom Group is selling its stake in over-the-counter medical products vendor WindStar Medical to investment group Oakley Capital. NuCom in which General Atlantic is a minority investor with a 28.4% stake, is selling its entire stake of 92% in WindStar Medical Holding to the financial investor, which is also […]

ProSiebenSat.1 looks to offload pharmacy start-up Windstar Medical

ProSiebenSat.1 has put online pharmacy Windstar Medical up for sale. According to sources cited by Reuters, while Windstar is profitable, the German broadcaster is looking to streamline its technology investments. It is understood that any deal could be valued at around €250 million, with non-binding offers due in the near future. The move to offload […]

Formula E to go FTA in Germany with ProSiebenSat.1 deal

The fast-growing electric-powered racing competition Formula E will get a massive boost to exposure in Germany thanks to a new FTA broadcast deal with ProSiebenSat.1. Starting in 2021, the broadcaster will show every race via free channel Sat.1. In addition, ProSiebenSat.1 will produce non-live content across a number of its channels. As one of the […]

ProSiebenSat.1 ‘not in discussion’ with Mediaset or CMI

ProSiebenSat.1 is not involved in any discussions with shareholders Mediaset or Czech Media Invest (CMI) over strategy or any possible combination of businesses, according to CEO Rainer Beaujean, answering an analyst question after the German broadcaster posted a 25% drop in revenues for Q2. Beaujean said that there were “no further discussions currently about strategy […]

Mediaset hit by coronavirus in Q1

Mediaset saw its revenues hit by the Italian and Spanish markets’ exposure to the coronavirus crisis in the quarter to March. The broadcaster posted sales of €682.1 million, down from €718.2 million for the same period last year. Revenues in Italy fell from €492.1 million to €452.4 million. Mediaset said that revenues in both markets […]

KKR takes stake in ‘undervalued’ ProSiebenSat.1

Private equity outfit KKR has revealed that it has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1, causing the German firm’s shares to rise on the Frankfurt stock exchange. KKR told Reuters that it had decided to invest in the broadcaster because it believes that the market is undervaluing the company. It said that […]

Mediaset takes ProSiebenSat.1 stake up to concentration threshold

Mediaset has purchased an additional 4.1% of Germany’s ProSiebenSat.1 in a move that takes the Italian media group to within a hair’s breadth of the threshold that would trigger a concentration probe. The acquisition of share by Mediaset Italia gives Mediaset Group as a whole control of up to 24.9% of the voting rights in […]

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