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 […]

Studio71 France management team named

TF1 digital chief Nicolas Capuron has been named as CEO of Studio71 France, while Stéphane Bourgouin has been named as chief content officer of the multichannel network. Completing the management team at the MCN, which came out of the wide-ranging alliance forged between French commercial broadcaster TF1 and Germany’s ProSiebenSat.1, Virginie Maire has been named […]

New UK & scripted chiefs for Studio71

Multichannel operator Studio71 has expanded its UK business by hiring a local managing director and had added a US-based scripted chief. Former StyleHaul executive James Stafford will lead a new UK-based studio as MD, while Broken Road Productions’ Jeremy Stein is joining as senior VP of scripted content. Part of Stafford’s duties will be working […]

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 […]

New management team for Studio71

ProSiebenSat.1 Group-backed multichannel network Studio71 has named a new management team to take over from founders Sebastian Weil and Ronald Horstman, with US chief Reza Izad (pictured) to become global CEO. Weil and Horstman are leaving the company at their own request at the end of June. Sebastian Romanus will join the company as joint […]

ZoneTV buys 1,500-hour Studio71 package

US-based channel operator ZoneTV has acquired a 1,500-hour package of programming from ProSiebenSat.1-backed MCN Studio71. ZoneTV aggregates web series and content and repackages them for its service for traditional pay TV platforms. It has deals with AT&T, Comcast and DirecTV and is run by Jeff Weber, who was previously in charge AT&T’s U-Verse IPTV service. […]

Major Euro nets pact for MCN investments

France’s TF1 Group and Italy’s Mediaset have bought into ProSiebenSat.1’s Studio71, with the German media group taking a stake in TF1’s Finder Studios, as Europe’s multichannel network market consolidates. In what’s being described as a strategic digital media alliance, TF1 and Mediaset will take stakes of 6.1% and 5.5% respectively in Germany- and US-based MCN […]

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 […]

The Rock creates digital studio with Studio71

Actor and wrestler Dwayne ‘The Rock’ Johnson has formed a YouTube channel venture with ProSiebenSat.1 Group’s multichannel networks business. Johnson’s Seven Bucks Productions and Studio71 have teamed up to create Seven Bucks Digital Studios, which will debut its YouTube channel this summer. Seven Bucks Digital Studios will include spotlight on Seven Bucks Productions’ projects, which […]

ProSieben MCN hires ex-Buzzfeed exec

ProSiebeSat.1 Group-owned multichannel network Collective Studio 71 has hired the former head of partnerships at Buzzfeed Motion Pictures. Adam Boorstin will become executive VP, global digital distribution at CS71, which was formed when Germany-based ProSieben acquired control of US-based Collective Digital Studio and merged it with its own MCN, Studio71. In the new post, he […]