Advanced Television

ProSiebenSat.1

ProSiebenSat.1 Group raises FY outlook

ProSiebenSat.1 Group recorded a strong recovery in the second quarter of 2021 compared to the pandemic impacted previous-year quarter. Following this substantial and profitable growth, the Group also again increases its outlook for financial year 2021. On the basis of preliminary and unaudited figures, Group revenues rose by 47 per cent to around €1,045 million […]

July 20, 2021

Bank: “Strong rebound for ProSiebenSat.1”

A comprehensive report from investment bank Exane/BNPP on German broadcaster ProSiebenSat.1 says that next year Germany and its television ad-market will be the first European market to have recovered to 2019 and pre-Covid levels. The bank’s study says that it expects a “strong rebound” for advertising this coming half-year and into 2022. Consequently, it has […]

July 7, 2021By Chris Forrester

ProSiebenSat.1 Q1: “Satisfying start to the year”

Despite the continuing impact of the Covid-19 pandemic, ProSiebenSat.1 Group has reported a strong start in its 2021 financial year. In the first quarter of 2021, the Group generated revenues of €938 million – a slight increase of 1 per cent compared to the previous year. In the first three months of the year, the […]

May 12, 2021

Bank: “Buy fuboTV; Hold ProSiebenSat.1”

Sports broadcaster ‘fuboTV’, a now major multichannel video programming distributor (MVPD), and which streams its live content to a fast-growing portfolio of countries and devices, has prompted a major examination by investment bank Berenberg, and an upgrade to ‘Buy’. The bank admits that fuboTV is “easily the most controversial stock we cover, but we remain […]

March 16, 2021

ProSiebenSat.1 reacts “quickly and strongly” to pandemic

Germany mass media company ProSiebenSat.1 closed the 2020 with a strong fourth quarter: In this period, Group revenues increased by 11 per cent to €1.492 billion. All segments contributed to this growth. The 3 per cent increase in entertainment advertising revenues, continued dynamic revenue development of the online beauty provider Flaconi and the positive effects […]

March 4, 2021

Mediaset ups ProSiebenSat.1 stake

Mediaset Spain has increased its share in the German TV group ProSiebenSat.1 by 3.43 per cent to a total of 13.18 per cent, in an investment estimated at €104 million. Mediaset Spain initially acquired a 5.5 per cent stake in the group in November 2019. Then, an additional 4.25 per cent in March 2020. The […]

January 22, 2021From David Del Valle in Madrid

ProSiebenSat.1 “exceeds FY financial outlook”

ProSiebenSat.1 Group has achieved revenues of around €4.040 billion and an adjusted EBITDA of around €700 million for the full-year of 2020. These figures are preliminary and unaudited. The German broadcasting group says its has “clearly exceeded its full-year financial outlook” last published in the context of the Q3 2020 results release, as well as […]

January 22, 2021

ProSiebenSat.1 bounces back in Q3

In the third quarter of 2020, ProSiebenSat.1 Group saw improved revenue and earnings figures compared to the highly Covid-19 influenced previous quarter. After the global pandemic and the resulting restrictions had considerably affected the German mass media group’s business performance in the second quarter, ProSiebenSat.1 generated revenues of €921 million (previous year: EUR 926 million) […]

November 5, 2020

Seven.One Entertainment Group picks up Slip Show

New entertainment format Slip Show, developed by Love is Blind and Married at First Sight producer Kinetic Content, a Red Arrow Studios company, has been picked up by ProSiebenSat.1’s Seven.One Entertainment Group. Watching people slip and fall is universally funny! And now, the slipperiest competition ever televised is coming to TV networks around the world. […]

October 28, 2020

Bank: “Love is in the air” for ProSiebenSat.1

Investment bank Berenberg says that with the closing of the acquisition of the Meet Group, ProSiebenSat.1 now has an online dating business that has the potential to deliver broad-based revenue and profits growth. “Management has been very clear that the intention is to conduct an IPO for this business (although a trade sale might also […]

October 13, 2020