All3Media’s pursuit to acquire Red Arrow Studios is understood to be back on course after ProSiebenSat.1 paused the sales process of its global production and distribution division late last year. The German company triggered a strategic review of Red Arrow in September, prompting a number of companies including Sony Pictures Television, AMC and All3 to […]
ProSiebenSat.1 is understood to be considering its options around the future of Red Arrow Studios, with the sale of the production and distribution division now postponed until the first quarter of next year. Sources close to the discussions have told TBI that US-based AMC and All3Media are the final contenders for Red Arrow, but the […]
All3Media is leading the pack in its pursuit of Red Arrow Studios, with the sales process for ProSiebenSat.1’s production arm now entering the final stages. TBI understands that All3, which is backed by Liberty Global and Discovery Communications, is the leading contender for Red Arrow, which was put up for sale by ProSieben during the […]
Mediaset has increased its stake in ProSiebenSat.1 as a part of its aspirations to create a pan-European media group. The Silvio Berlusconi-controlled company now holds a 15.1% stake in the German broadcaster, following the acquisition of a further 5.5% stake in the media group. The purchase, completed via Mediaset’s Spanish unit Mediaset Espana, was worth […]
Sony Pictures Television (SPT) and All3Media are understood to be among leading suitors for Red Arrow Studios, as the sale of ProSiebenSat.1’s production arm heats up. The German media giant was revealed in September to be considering selling the production group, which houses the likes of Deep State producer Endor Productions, The Circus firm Left/Right […]
Red Arrow Studios’ revenues have soared by almost a quarter over the last three months, helping to offset a fall in advertising at parent company ProSiebenSat.1, which is looking to sell the production business. While ProSiebenSat.1’s core advertising revenues fell by 6% during the quarter, overall revenues were up 4% to €926 million thanks to […]
ProSiebenSat.1 is forming a Berlin-based production company with actor-producer Christian Ulmen and producer Carsten Kelber. The new label, Pyjama Pictures, is to bolster the broadcaster’s production might within Germany, and has set up its first project – a fourth season of the Ulmen-starring Jerks for ProSiebenSat.1 streamer Joyn. The show, which was previously produced with […]
ProSiebenSat.1 and Discovery’s streamer Joyn has commissioned its first original with the drama Dignity. The 8 x 52-minute political thriller – commissioned by Joyn for Germany and Mega in Chile – is inspired by the true story of the mysterious German cult Colonia Dignidad, set up in Chile by former Nazi soldier Paul Schaefer. For […]
Former ProSiebenSat.1 programming exec Rüdiger Böss is set to join German production outfit Constantin Film. Böss has been hired as a producer by Constantin, which is behind TV drama Shadowhunters and the Resident Evil franchise. He will take up the role in November, working on TV and theatrical movies, and joining the management team of […]
German broadcaster ProSiebenSat.1’s profits took a hit in the second quarter as the company invests in what it describes as “future-fit entertainment businesses” including Discovery JV Joyn, which recorded over 3.8m active users and 2.4m installed apps at the end of the period. ProSiebenSat.1’s CEO Max Conze conceded that the company faced “a difficult advertising […]
