German broadcasting giant ProSieben, speaking at Deutsche Bank’s 2020 European TMT Conference, confirmed that Q2 this year was “tough” in terms of ad-revenues, although July (down 20 per cent) and August (“slightly positive”) could indicate a return to better times for the final 4 months of the year. Deputy Group CFO Ralf Gierig, addressing the […]
Nicolas de Tavernost, CEO of French broadcaster M6 (backed by RTL Grp), has reiterated his view that a major change of European regulation is needed regarding broadcaster consolidation as he believes the headlines will be dominated by the theme over the next years. In an interview with Le Journal du Dimanche, de Tavernost put forward […]
The global Covid-19 pandemic has had considerable impact on ProSiebenSat.1 Group’s business performance. In the second quarter of 2020, the German broadcasting group is seeing the first signs of recovery in the advertising business as of July, supported by the economic brightening in the Group’s core markets of Germany, Austria and Switzerland. In the second […]