The stresses on Europe’s commercial broadcasters continue. Rainer Beaujean, the Chairman of ProSieben’s (P7) Executive Board told German newspaper Handelsblatt that advertising revenues in September had fallen back but by less than 10 per cent. Beaujean said that October was shaping up in a similar vein. He did not provide the advertising outlook for the […]
German commercial broadcaster ProSiebenSat.1 has sold a web-hosting business, myLoc, to Italian cloud services provider WIIT for around €50 million The move is seen as part of its diversification strategy and designed as part of its streamlining of its non-essential elements to focus more on its entertainment assets. With five data centres and a business […]
From Season 7, which starts in January 2021, the ABB FIA Formula E World Championship will become the only major international motorsport on free-to-air television in Germany, with ProSiebenSat.1 airing all races live as part of new long-term partnership. The ‘ran’-racing-crew of Sat.1 will be on the ground at races bringing fans all the latest […]
Germany’s ProSiebenSat.1 has acquired the free-to-air domestic TV broadcast rights package of the (DFL) Bundesliga football games for the 2021-2025 seasons. Sky Deutschland won five of the seven pay-TV packages. Perhaps coincidentally, private equity giant KKR increased its stake in ProSiebenSat.1 and now holds 6.61 per cent. Earlier KKR acquired a 5.21 percent stake as […]