Thomas Ebeling

Maxdome SVOD nears 900k subs

ProSiebenSat.1’s subscription video-on-demand service Maxdome grew its subscriber base by 48% in the year to September and now has close to 900,000 subscribers, according to ProSiebenSat.1 chief financial officer Christof Wahl. Wahl, speaking on an analyst call after ProSiebenSat.1 posted solid Q3 results at the end of last week, said that the service had seen […]

Digital business ‘transforming’ ProSiebenSat.1

German broadcaster ProSiebenSat.1 is generated almost half of its revenues for the first nine months of the year outside the traditional TV advertising business, and is continuing to deliver very strong growth, driven by its digital business, and by content production and sales. ProSiebenSat.1 has also decided to split its digital business, which CEO Thomas […]

Discovery poaches finance chief from ProSieben

Discovery has hired Gunnar Wiedenfels as CFO, poaching the finance chief from German broadcast giant ProSiebenSat.1. Wiedenfels will join Discovery next April and fill the shoes of Andrew Warren, who had previously announced he was leaving the cable TV group. The new CFO will be based in New York and report to Discovery CEO and […]

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 ‘on track to hit €4bn target’

ProSiebenSat.1 has reported healthy growth in its first quarter results and told investors it is on track to hit its target of €4.2 billion in revenues (US$4.8 billion) by 2018. The German broadcast giant said growth in TV advertising drove the quarterly results, but added that its diversification efforts are paying off, with 43% of […]

Jan Frouman to join ProSieben board

Red Arrow Entertainment boss Jan Frouman will join the board of the production and distribution group’s parent company ProSiebenSat.1. Frouman will take the newly created role on a new executive board that will oversee ProSiebenSat.1 and Red Arrow, and will remain chairman and CEO of Red Arrow. “Jan Frouman has successfully built up ProSiebenSat.1’s production […]

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 […]

SVOD helps lift ProSiebenSat.1

A strong performance from digital activities including subscription video-on-demand service Maxdome, along with a good production and programme sales performance, helped contribute to a solid quarter for German commercial broadcaster ProSiebenSat.1. Overall digital revenues rose by 23% to €183.5 million (US$201 million), compared to €149.2 million a year earlier. Recurring EBITDA went up by 21.8% […]

ProSiebenSat.1 grows Warner pact

German broadcaster ProSiebenSat.1 has extended its licensing agreement with US studio Warner Bros. The deal with Warner Bros. International Television Distribution means ProSiebenSat.1 will continue to run Warner blockbuster movies and TV series for “years to come”, the companies revealed, though no other details were provided. This includes upcoming films Batman vs. Superman, Tarzan and […]

Investment firms confirm ProSiebenSat.1 exit

Private equity firms KKR and Permira are offloading their remaining shares in German broadcaster ProSiebenSat.1. KKR issued a statement confirming the pair was putting its remaining 36.3 million shares into an accelerated bookbuilding process with institutional investors, leading to a total exit. The sale share price of €34.75 (US$47.25) values the KKR and Permira’s combined […]