German broadcaster ProSiebenSat.1 has begun collaborating more closely with fellow European broadcaster MediaForEurope, its largest shareholder, in areas including advertising, technology, and content.
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.
Wolfgang Link, former Chief Entertainment Officer and CEO of Seven.One Entertainment Group, has decided to leave the group by best mutual agreement as of July 15, 2023, after 14 years with ProSiebenSat.1.
MediaForEurope (MFE) has notified Austria’s Federal Competition Authority about the "acquisition of de facto sole control of ProSiebenSat1 Media DE Deutschland," the competition watchdog confirmed.