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German media giant ProSiebenSat.1 has pulled the potential sale of production and distribution arm Red Arrow Studios amid what it has termed a “coronavirus crisis environment”.

Despite the demanding development in the TV advertising business, the Group increased its revenues by 3 per cent to €4.1 billion; the organic increase was 2 per cent.

Leading independent distributor all3media international has secured its first deals for "Blinded", it announced today, as ProSiebenSat.1 in Germany signs the Swedish-language thriller, alongside further broadcasters in Europe and Australia.