ProSiebenSat.1 Group

ProSiebenSat.1 moves production & sales under Seven.One Studios umbrella

Germany’s ProSiebenSat.1 Group is restructuring its business to bring its eight production companies and global distributor Red Arrow Studios International under the umbrella of the newly established Seven.One Studios. The move follows the launch of German prodcos Cheerio Entertainment and Flat White Productions in the past year, as well as the sale of Red Arrow […]

ProSiebenSat.1 buying Warner Bros. Discovery out of Joyn, takes full control of streamer

German commercial broadcast group ProSiebenSat.1 is buying Warner Bros. Discovery out of their joint-venture streaming platform Joyn. The companies are currently 50:50 partners on the AVOD, which was established with Discovery in 2017, and has been operating under the name Joyn since 2019, but ProSiebenSat.1 will now acquire the other half of the business. Warner […]

Digital unit provides big boost for RTL

Digital revenues boosted RTL’s revenue performance significantly in the second half, with the German broadcaster also seeing solid growth from production arm FremantleMedia. RTL’s domestic German and French broadcasting operations posted decent returns, but overall EBITDA was pushed down by the phased out of M6’s mobile contract in France and lower advertising revenue in the […]

Half of ProSiebenSat.1’s H1 revenues not from ads

German commercial broadcaster ProSiebenSat.1 generated 50% of its revenues in the first half of this year from non-advertising activities for the first time, helping deliver solid revenue and profit growth for the group. The broadcaster saw off a weakening of the advertising market in the second quarter through strong growth in its digital ventures and […]

Red Arrow creates new factual unit

Red Arrow Entertainment Group has create a Unterföhring-based factual prodco, 7Stories. The prodco will aim to produce factual shows and branded entertainment programming for Red Arrow parent ProSiebenSat.1 Group, other national and international media firms, and digital platforms. Already on the slate are ProSieben MAXX series Galileo 360°, SAT.1 Gold’s Lenßen Klärt Auf and TV24’s […]

ProSiebenSat.1 earnings up as MCN deal kicks in

An improved advertising market in German-speaking markets and the impact of digital acquisitions helped lift broadcaster ProSiebenSat.1’s performance in the third quarter. The media group posted 17.2% growth in revenue to €747.1 million (US$822.6 million) and EBITDA growth of 9.1% to €177.8 million. In the German-speaking region, the broadcaster increased its revenues by 6.3% to […]

Axel Springer: ‘ProSieben merger speculation unfounded’

German publisher Axel Springer said that speculation it could relinquish control over its business was “completely unfounded” after the Wall Street Journal reported it is in merger talks with ProSiebenSat.1 The WSJ reported yesterday that the German broadcaster and publishing companies are in early stage talks about merging their businesses – in a move that […]

Netflix content spend outstrips BBC, HBO, Discovery

Netflix now outspends the BBC, HBO and Discovery on content, according to new research. Only Sky spends more and that is driven by its massive investment in sports rights, Ben Keen, chief analyst and VP, consumer media, IHS, told the Cable Congress in Brussels. Keen said Amazon is also spending significantly on content, outspending for example […]

Red Arrow brings in business affairs boss

Germany-based Red Arrow Entertainment has gone in-house to hire a managing director for business affairs. Martin Metzger comes across from Red Arrow parent ProSiebenSat.1 Group, where he was most recently VP, production law. He is also MD of ProSiebenSat.1 Artist Management Agency. Metzger will report to Red Arrow CEO Jan Frouman, who said: “Martin is […]

ProSieben hands former Sky, Lovefilm exec digital role

Lesley Mackenzie, the former group digital officer of streaming site Lovefilm, has landed a role overseeing German broadcaster ProSiebenSat.1 Group’s digital operations. Mackenzie will lead a slate of assets including on-demand video sites Maxdome and Studio71 as executive VP of ProSieben’s E-Entertainment division. Mackenzie left Amazon-owned Lovefilm in 2012 and has since held consultancy roles […]