ProSiebenSat.1 creates US$240m global MCN

ProSiebenSat.1 has taken control of multichannel network operator Collective Digital Studio and will merge it with its own MCN, Studio71. The German broadcast group said it will plough in US$83 million (€75 million) into the new entity, Collective Studio71 (CS71) as part of the deal, valuing the combined business at US$240 million. ProSieben will hold […]

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 […]

ProSiebensat.1 MCN launches LA-themed YouTube talent channel

German YouTube channels operator Studio71 has launched The Mansion, an online network themed around LA culture that will feature digital talent from Europe and the States. The Mansion will feature content shot on location in LA, and is being billed as  a “unique concept” that integrates YouTube stars from the US and Germany. Studio71 is […]

Former Lovefilm exec lands ProSieben digital role

Lesley Mackenzie, the former group digital officer of streaming site Lovefilm, has landed a role overseeing German broadcaster ProSiebenSat.1 Group’s digital operations. Mackenzie will lead a slate of assets including on-demand video sites Maxdome and Studio71 as executive VP of ProSieben’s E-Entertainment division. Mackenzie left Amazon-owned Lovefilm in 2012 and has since held consultancy roles […]