Latest in ProSiebenSat.1

Red Arrow Studios International has rebranded as Seven.One Studios International. The change will come into effect immediately, and eliminates the brand disparity between Seven.One and Red Arrow. Red Arrow Studios International remained as an operational brand name after Seven.One Studios was formed…

ProSiebenSat.1 Media has kicked the financial year off in a positive way after posting first quarter earnings up 35%. The Unterföhring-based TV and streaming giant made Q1 earnings before interest, tax, depreciation and amortization of €72M ($77.7M), a significant boost on the start of the company’s…

ProSiebenSat.1 Media’s shareholders have narrowly voted to reject a plan that would have seen the business split up. Majority minority shareholders MediaForEurope (MFE) and PFF IM had called for management at the German TV giant to explore a proposal to separate the core broadcasting and content…

A Succession-style boardroom battle is playing out in Europe. Germany’s ProSiebenSat.1 Media has rejected a set of proposals from lead shareholder MediaForEurope (MFE) to restructure the European media giant. The Berlusconi-family controlled MFE (formerly Mediaset) submitted a series of motions…

ProSiebenSat.1 Media has posted full-year earnings down €100M ($109), but its recent recovery looks set to continue with fourth quarter income up “significantly.” The German broadcast giant posted adjusted EBITDA of €578M in 2023, down nearly 15% from €678M in 2022. This was in line with expectations…

Germany’s ProSiebenSat.1 Media says it ended 2023 on “a good note” after posting earnings of €335M ($358.5M) in its fourth quarter financials. The broadcaster and media giant had a torrid 2023, in which revenues and earnings fell and the company was forced to reduce headcount in the face of a reduced…

Long-serving RTL exec Stephan Schmitter has landed the big seat in Germany. He has been named CEO of RTL Deutschland, effective January 1, 2024. Schmitter is currently Chief Content Officer, a role he will retain in his new post, which hands him responsibility for the RTL+ streaming service and…

Germany’s ProSiebenSat.1 has seen its financial picture stabilizing as the local TV advertising market began to show signs of recovery. The commercial TV giant, which has faced a tough 2023, posted third quarter revenue of €888M and adjusted EBITDA of €110M. This was very close to the €911M and €108M…

European TV giant ProSiebenSat.1 has restructured its Seven.One Entertainment Group — with the changes seeing top German channel manager Daniel Rosemann exiting after 15 years and the CEO of Joyn also leaving. The new structure sees ProSiebenSat.1 CEO Bert’s Habets add the same role at Seven.One…

When ITV switched on its new streaming service ITVX in December 2022, the initial promise was to deliver 10,000 hours of free content, including originals such as Damian Lewis drama A Spy Among Friends, which the commercial broadcaster hope would establish the platform as "the UK's freshest streaming…

The changes at Germany’s ProSiebenSat.1 took further shape Monday when the German media giant said Seven.One Entertainment Group CEO Wolfgang Link will exit the company next month amid a restructure and downsizing of the group’s executive board. Link, who has spent the past 14 years at…

Prime Video Picks Up Karl Lagerfeld Doc Cineflix Rights has acquired international rights to the feature documentary The Mysterious Mr. Lagerfeld from Finestripe Productions and presold the film to Prime Video Australia, Canada and New Zealand. The doc, which debuted in the UK on BBC Two, tells the…