PPF Group, the Czech Republic investment group, has raised its stake in German media group ProSiebenSat.1 to 15.04 per cent in stock and instruments. “Our growing shareholding in ProSiebenSat.1 demonstrates that PPF is a long-term and supportive investor with ample television broadcasting experience that can add value to Germany’s leading media company,” commented PPF Chief […]

German commercial broadcaster ProSiebenSat.1 Group closed the first quarter of 2023 in line with expectations: Group revenues are still impacted by the challenging macroeconomic environment and were thus 13 per cent below the previous year at €816 million in the first three months of the year (previous year: €941 million). In particular as a result […]

ProSiebenSat.1 closed its 2022 financial year in line with its outlook. Group revenues were at €4.1 billion, down 7 per cent on the previous year, in what the German broadcasting group called a “severely weakened market environment”. Organically, i.e., adjusted for currency effects and portfolio changes, Group revenues were down 5 per cent year-on-year. The […]

German commercial broadcaster ProSiebenSat.1 has revealed what it describes as a sharpened strategic focus, with which the Group addresses the challenges of the market environment and the changing media landscape, while at the same time leveraging the Group’s growth potential. “We at ProSiebenSat.1 have everything it takes to reach millions of people day by day,” […]

Prague-based PPF Group has acquired a 9.1% stake in German broadcaster ProSiebenSat.1 Media. The international investment group, that’s also the parent company of CME, said: “PPF is looking forward to liaising with the management and supervisory board of ProSieben in this digitalisation process. PPF is an active investor in the telecommunications, media, and technology (TMT) […]

German commercial broadcaster, ProSiebenSat.1, has stated that it is not interested in acquiring Comcast’s Sky Deutschland operation. ProSiebenSat.1 CFO Ralf Gierig, speaking to Reuters, said the broadcaster was very much focusing on conventional, linear FTA television and its digital footprint. “Sky is in the pay-TV business, which is historically a difficult business in Germany,” he […]

In the third quarter of 2022, ProSiebenSat.1 Group generated Group revenues of €921 million, down 13 per cent (previous year: €1.055 billion), in what is called a “challenging market environment”. Adjusted for currency effects and excluding the revenue contributions of portfolio companies recently disposed, such as the US production business of Red Arrow Studios as […]

German commercial broadcasting giant ProSiebenSat.1 is reportedly exploring a deal to buy Sky Deutschland, the Comcast-owned pay-TV broadcaster. Comcast acquired Sky Deutschland as part of its overall purchase of Sky’s European pay-TV assets in a $40 billion (€39.9bn) purchase in 2018. Comcast is working with advisors at PJT Partners on the disposal according to Reuters, […]

ProSiebenSat.1 is realigning its production and international distribution business. Following the establishment of two new production companies in Germany over the past twelve months and the sale of Red Arrow Studio’s US production business in the summer of 2022, the Munich-headquartered media group is bundling its eight subsidiaries in Germany, UK, Denmark and Israel and […]