Half of Germans now taking pay TV and streaming services

Over half of German consumers now pay an average of over €30 a month for pay TV and streaming services, according to a study by price comparison site Verivox. According to Verivox’s study, 52% of Germans now watch pay TV and streaming content, spending an average of €31 for the privilege, over and above the […]

ProSiebenSat.1 takes majority stake in energy site

ProSiebenSat.1 has acquired a majority stake in Germany’s largest consumer energy portal, Verivox. The acquisition is the largest digital purchase to date for the Germany commercial broadcaster. ProSiebenSat.1 is acquiring an 80% stake in Verivox, through its 7Commerce digital unit, for €170 million plus a variable price component that will depend on Verivox’s profits this […]

ProSiebenSat.1 considering Verivox and Unister deals

ProSiebenSat.1 is reportedly considering buying German web portal Verivox and e-commerce business Unister. According to Munich-based national German newspaper, Süddeutsche Zeitung, broadcast group ProSiebenSat.1 is looking to establish itself as a major player in the German e-commerce space and is looking at both businesses. Verivox offers consumer price comparisons for gas providers as well as […]