Red Arrow


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 […]

ProSiebenSat.1 reportedly looking at Red Arrow sale

ProSiebenSat.1 has triggered a strategic review that could see the business offload Red Arrow Studios, according to German reports. According to DWDL.de, the German media group has assigned Morgan Stanley to handle a sale, and potential investors have until 13 September to express their interest in the business, which houses the likes of Deep State producer Endor […]

James Baker to become president of Red Arrow Studios

Former Sky and Current TV executive James Baker is to take over as president and chief operating officer of ProSiebenSat.1-owned Red Arrow Studios following the departure of current chairman and CEO Jan David Frouman. Baker will take over from Frouman, who is leaving ProSiebenSat.1 after 15 years, in February. Baker, who is currently chief operating […]

Linear still at the core for ProSiebenSat.1, no plan to sell off Red Arrow

Linear TV is still a dominant force in the German market and remains “the superior medium for mass reach” across all age groups, according to ProSiebenSat.1 CEO Conrad Albert. Speaking to analysts after ProSiebenSat.1 posted its quarterly results last week, Albert said that the company’s linear TV offerings had a reach of over 90% among […]

Production and digital boosts ProSiebenSat.1

Revenues from producing in the US and production company acquisitions have driven significant growth in ProSiebenSat.1’s international business. The German-based media group’s content production and global sales division posted a 38% year-on-year increase in 2016 revenues of €362 million. EBIDTA profit increased 87%, taking the total to €47 million. “The increase in revenues was based […]

Red Arrow’s Ripple hires YouTube’s Rosser

Red Arrow’s Ripple Entertainment has hired Bailey Rosser from YouTube as it continues to staff up. Red Arrow, the content arm of ProSiebenSat.1, backed Ripple from its launch last year. The LA-based digital content firm was founded by former FremantleMedia execs Gayle Gilman and Jason Ziemianski. Rosser joins from YouTube where she was an audience […]

ProSiebenSat.1 in digital studio venture

Production and distribution group Red Arrow is backing Ripple Entertainment, a new digital prodco based in the US and founded by Gayle Gilman and Jason Ziemianski. Gilman will be CEO of the new company and Ziemanski will join her as a senior exec in the start-up. Gilman was formerly executive VP, digital content, at FremantleMedia […]

German advertising market and digital boosts ProSiebenSat.1

The strong performance of the German advertising market, digital activities and production all contributed to a solid start to the year for German broadcast group ProSiebenSat.1, which has posted quarterly revenues of €654.6 million, up 12.7%, and recurring EBITDA of €152.7 million, up 9%. German area broadcasting revenue rose by 4.8% to €470.8 million, and […]