The Spanish company announced the acquisition of 9,902,500 shares of ProSiebenSat.1 Media SE, which represent a 4.25% of the share capital of this firm, valued at approximately €61 million.
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.