Amazon has appointed former ProSiebenSat.1 MD Kaspar Pfluger to head its Prime Video streaming service in Germany. Pfluger lead the German broadcaster from 2015 and last year took charge of production at sister unit Seven.One Entertainment. Pfluger, who has also worked at RTL Group and Channel 5 in the UK, will replace Christoph Schneider at […]
MFE-MediaForEurope has announced that, directly and indirectly, it has crossed the threshold of 25 per cent of secured voting rights of Germany broadcaster ProSiebenSat.1 Media SE through purchases of shares on the market. The company, headed by former Italian Prime Minister Silvio Berlusconi, was already the biggest shareholder in the broadcaster with a 23.9 per […]
ProSiebenSat.1, the German broadcasting Group has reproted that it grew “dynamically” in 2021. Group revenues increased by 11 per cent year-on-year to €4.49 billion (previous year: €4.04 billion); organically, Group revenues also grew with a clear plus of 10 per cent. The biggest growth driver was the Entertainment segment, with significantly higher advertising revenues than […]
MFE-MediaForEurope, the new holding business formed by Mediaset under the Dutch registered umbrella company, has received a positive note from equity analysts at Berenberg Bank. MFE-MediaForEurope released a preliminary alert as to its expected financials (themselves due in full towards the end of April) and these, says the bank, appeared to be well ahead of […]
Seven.One Entertainment Group, the entertainment company of ProSiebenSat.1 Media SE, is expanding its content pipeline for local content with the establishment of a new Red Arrow production company in Germany. The latest creative forge, based in Cologne, will develop and produce entertainment formats for all Seven.One Entertainment Group platforms, among others, from 2022. The new […]
German commercial broadcasting giant ProSiebenSat.1 Media admitted at an investment bank conference last week that while its advertising revenues had picked up in November and thus making the October-November period to be broadly flat (compared with 2019) and December still had potential for a latish surge in advertising. However, as investment bank Berenberg said on […]
The stresses on Europe’s commercial broadcasters continue. Rainer Beaujean, the Chairman of ProSieben’s (P7) Executive Board told German newspaper Handelsblatt that advertising revenues in September had fallen back but by less than 10 per cent. Beaujean said that October was shaping up in a similar vein. He did not provide the advertising outlook for the […]
German broadcasting giant ProSieben, speaking at Deutsche Bank’s 2020 European TMT Conference, confirmed that Q2 this year was “tough” in terms of ad-revenues, although July (down 20 per cent) and August (“slightly positive”) could indicate a return to better times for the final 4 months of the year. Deputy Group CFO Ralf Gierig, addressing the […]
A comprehensive study of European commercial broadcasters by analysts at Deutsche Band advises clients that traditional media formats including TV and print have come under significant structural pressure over the past few years as consumers have moved online and advertisers have followed suit. The bank says that, despite the doom and gloom, TV has actually […]