To strengthen market share in linear TV and the growth of streaming service Joyn, German media & digital company ProSiebenSat.1 Group has announced it will focus even more clearly on exclusive local content and increase its programming expenses by €80 million to around €1.05 billion in the coming year. This was decided by the Executive […]

ProSiebenSat.1, the German mass media company, has reported that revenues have stabilised after what it described as “a difficult first half of the year”. Group revenues in the third quarter of 2023 were 3 per cent below the previous year at €888 million (previous year: €911 million). Organic revenue growth was almost stable. By contrast, […]

AVoD and FAST Channel provider wedotv is now distributing its FAST Channels wedo movies, wedo sports and wedo big stories on German streaming platform Joyn. All Joyn users in Germany and Austria can receive the advertising-supported, linear 24-hour channels free of charge. The services are available in the Joyn app for smart TVs, tablets and […]

ProSiebenSat.1 Group reports that is has the second quarter of 2023 “in line with expectations“. Against the current challenging macroeconomic environment in the German-speaking region (Germany, Austria, Switzerland), Group revenues in Q2 were 17 per cent below the previous year at €868 million. The TV advertising business in particular continued to be affected by ongoing […]

ProSiebenSat.1, the German broadcasting group, has announced it will be cutting 400 full-time positions as part of restructuring measures focusing on its entertainment activities. In a press statement, ProSiebenSat.1 said that “a realignment of the organisation is now taking place” after acquiring the streaming platform Joyn in 2022. The aim is to” achieve a more […]

German commercial broadcaster ProSiebenSat.1 Group closed the first quarter of 2023 in line with expectations: Group revenues are still impacted by the challenging macroeconomic environment and were thus 13 per cent below the previous year at €816 million in the first three months of the year (previous year: €941 million). In particular as a result […]

ProSiebenSat.1 closed its 2022 financial year in line with its outlook. Group revenues were at €4.1 billion, down 7 per cent on the previous year, in what the German broadcasting group called a “severely weakened market environment”. Organically, i.e., adjusted for currency effects and portfolio changes, Group revenues were down 5 per cent year-on-year. The […]

In the third quarter of 2022, ProSiebenSat.1 Group generated Group revenues of €921 million, down 13 per cent (previous year: €1.055 billion), in what is called a “challenging market environment”. Adjusted for currency effects and excluding the revenue contributions of portfolio companies recently disposed, such as the US production business of Red Arrow Studios as […]

German commercial broadcaster ProSiebenSat.1 Group is acquiring the outstanding 50 per cent of the shares in streaming service Joyn from Warner Bros Discovery. The joint venture was established with Discovery in 2017 and has been operating under the name Joyn since 2019. From day one, Joyn has focused on a strong, free and thus advertising-financed […]

24i, the end-to-end video streaming expert, has announced the launch of an advanced new personalisation and content recommendations service, 24iQ. This managed service is the result of the integration of 24i’s existing data team with the technologies and data science expertise of UK-based company The Filter, which was acquired by 24i in April 2022. The […]