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Germany's ProSiebenSat.1 sees earnings and income surge in Q2 2024 8 AUG 2024

Markets

Germany's ProSiebenSat.1 sees earnings and income surge in Q2 2024

The company’s streaming platform Joyn continued its upward trajectory, with AVOD revenues jumping 25% and total viewing time surging 38%. Also, the entertainment segment saw a 3% rise in Q2 external revenues to €612 million, while the commerce and ventures segment posted a 17% increase to €197 million.
ProSiebenSat.1 recorded its strongest quarter to date in streaming in 2023 7 MAR 2024

Distribution

ProSiebenSat.1 recorded its strongest quarter to date in streaming in 2023

The company announced its fourth-quarter and full-year 2023 results and expects slight revenue growth and a positive development of entertainment advertising revenues in the German-speaking region in 2024.
Be-Entertainment globally distributes "Destination X" 13 OCT 2023

Distribution

Be-Entertainment globally distributes "Destination X"

Following its debut last Spring, the title has become available in Belgium on VTM, through local versions in the UK on BBC, the US on NBC, followed by France on M6 and Germany on Prosieben.
ProSiebenSat.1 and MediaForEurope are now having “meaningful co-operation” 25 SEP 2023

Deals

ProSiebenSat.1 and MediaForEurope are now having “meaningful co-operation”

German broadcaster ProSiebenSat.1 has begun collaborating more closely with fellow European broadcaster MediaForEurope, its largest shareholder, in areas including advertising, technology, and content.
Germany's ProSiebenSat.1 Group to cut 400 full-time positions 18 JUL 2023

Production

Germany's ProSiebenSat.1 Group to cut 400 full-time positions

After the Group fully acquired the streaming platform Joyn, putting it at the center of its entertainment activities, a realignment of the organization is now taking place, particularly in the entertainment segment.