ProSiebenSat.1 Media

ProSiebenSat.1 merges Red Arrow with digital in restructure

ProSiebenSat.1 Media is to reorganise its business into three pillars encompassing entertainment, content production and global sales, and commerce respectively. The German broadcaster, which held its capital markets day yesterday, said over 50% of its revenues now come from outside the traditional TV advertising business. Key to the reorganisation is the combination of linear TV […]

ProSiebenSat.1 CEO to step down in 2018

ProSiebenSat.1 Media chief executive officer Thomas Ebeling is due to leave the company after its next annual press conference on February 22, 2018. Ebeling’s term of employment was due to run until mid-2019, but ProSiebenSat.1 said he had already informed the company that he would not be available for a further contract renewal. The Germany-based […]

ProSiebenSat.1 wants new PSB regime & funding

German broadcaster ProSiebenSat.1 has called for public funding to be made available to commercial networks to support public service broadcasting that can “reach a larger number of young people”. Proposing what it described as Medienordnung 4.0 – or ‘Media Regulations 4.0’ – the broadcaster said that it hoped to prompt a discussion about the realignment […]

ProSieben’s Studio71 set for France launch

Multichannel network (MCN) Studio71 is to launch in France in September. The move follows the deal signed in January this year between Studio71’s owner ProSiebenSat.1, leading French broadcaster TF1 and Italy’s Mediaset to collaborate in developing MCNs. TF1 said the French version of Studio71 would lean heavily on the programming inventory of Finder Studios, the […]

ProSiebenSat.1 completes ATV deal

Germany’s ProSiebenSat.1 has closed a deal for Tele München Group-owned Austrian broadcaster ATV. Following competition, cartel and media authority approvals in Austria, the deal bringing together Austrian terrestrials ATV and Puls 4 closed yesterday. ProSiebenSat.1 Puls 4, the unit that did the deal for ProSiebenSat.1 Media, has immediately moved to make Thomas Gruber (pictured) managing […]

Digital delivers growth at ProSiebenSat.1

Digital revenues helped boost ProSiebenSat.1’s second-quarter performance, with the German broadcaster reporting overall revenues of €886 million (US$985.2 million), up 15%, and EBITDA of €254 million, up 7%. Digital and adjacent revenues grew by an impressive 43% year-on-year to reach €263 million, with EBITDA for this segment rising by 15% to €43 million. The company […]

ProSieben restructures, sets €1.5bn digital target

ProSiebenSat.1 is restructuring its digital operations and has said it will generate €1.5 billion (U$1.7 billion) from digital by 2018. Christof Wahl (left) will run digital in the new structure, with Christian Wegner and Albert Conrad moved to different positions within the the German broadcast giant. ProSieben said that revenues from its ProSieben Digital Ventures […]

Red Arrow promotes Baker to president

Red Arrow Entertainment Group has promoted its UK chief, James Baker, to president of the wider business. Baker (pictured) will keep his duties as managing director of Red Arrow UK and global scripted strategy, but increases his responsibilities at the ProSiebenSat.1 Media-owned production and distribution company. He will now manage global production operations, strategic initiatives […]

Red Arrow buys Building Alaska prodco

Munich-based Red Arrow Entertainment Group has acquired Denver’s Orion Entertainment, which is behind various unscripted cable series. Orion becomes the latest US-based company to join ProSiebenSat.1 Media-owned Red Arrow’s ranks, coming after deals for companies including Kinetic Content, Karga Seven Pictures, Fabrik Entertainment and Left/Right Productions. The latest deal is for a majority stake in […]

ProSiebenSat.1’s Pirker to join Turner

ProSiebenSat.1 Media exec Benjamin Pirker is joining Turner Broadcasting System in Germany. Pirker will be TBS’s distribution director on February 1 in Germany, Austria, Switzerland and the Benelux region. In the role, he will look to expand the reach of Turner kids channels such as Cartoon Network and Boomerang and entertainment nets including TNT Series, […]