MFE-MediaForEurope, the Italian TV group controlled by the Berlusconi family, has asked a group of banks for a €3.4 billion loan to cover any financing it may require related to a potential takeover of Germany’s ProSiebensat.1, according to a Reuters report. News first emerged in April that MFE was considering a move for ProSiebensat.1 MFE […]
The Munich Public Prosecutor’s Office (Staatsanwaltschaft München) and the Munich District Court (Amtsgericht München) have imposed corporate fines totaling €3.9 million on German broadcaster ProSiebenSat.1 and two of its subsidiaries for violations of the German Payment Services Supervision Act (ZAG). ProSiebenSat.1 Media has been ordered to pay a fine of €10,000, Jochen Schweizer a fine […]
Virtual Minds, the adtech specialist of ProSiebenSat.1, and smartclip, the adtech development unit of RTL Deutschland, have taken a step forward in the #AdTechMadeInEurope initiative with a server-to-server integration of The Adex, Virtual Minds’ data management platform (DMP), with smartclip’s smartx ad server. This integration paves the way for broadcasters to leverage data for the […]
In the first nine months of 2024, German broadcaster ProSiebenSat.1 Group reported it generated Group revenues of €2.6 billion. This is an increase of 3 per cent reflecting higher Digital & Smart advertising revenues in the German-speaking region as well as growth in the Commerce & Ventures segment. Organic growth – i.e. adjusted for portfolio […]
ProSiebenSat.1 Group continued its 2024 growth in the second quarter. Group revenue at the German broadcaster increased by 5 per cent to €907 million. In the first half of the year, the company recorded revenues of €1.7 billion – also an increase of 5 per cent compared to the same period in 2023. The Group […]
Tim Rhoenisch has been appointed as the new CEO of the Commerce & Ventures segment of ProSiebenSat.1 Media SE with imediate effect. He assumes this position in addition to his role as CFO, which he has held since May 2022. The previous CEO, Friedrich Thoma, is leaving the company by mutual agreement. Rhoenisch joined the […]
ProSiebenSat.1 reports that it has continued positive trends in Q1 and has confirmed its full-year outlook. The German broadcasting group had a strong start to the year; while Group revenues increased by 6 per cent to €867 million in the first quarter of 2024, adjusted EBITDA grew by 35 per cent to €72 million despite […]
The results of the Annual General Meeting of ProSiebenSat.1 Media on April 30th show that the free-float shareholders have supported all proposals of the Management. This leads to the decision that the motion by MFE-MediaForEurope (MFE) according to which ProSiebenSat.1 should have examined and prepared the separation of the Commerce & Ventures and Dating & […]
German broadcaster ProSiebenSat.1 has reported what it has described as “a very good start to the year”, and achieved profitable growth in many areas of the portfolio in Q1. This is the result of an analysis of preliminary figures. The Group increased its revenues in the first quarter by 6 per cent to €867 million […]
The Executive Board and Supervisory Board of ProSiebenSat.1 Media has rejected the proposals of MFE-MEDIAFOREUROPE for the Annual General Meeting on April 30th. The motions submitted by MFE, which is controlled by the Italian Berlusconi family, include proposals for a split-up of the company, the composition of the Supervisory Board and the restriction of the […]