History
OCTOBER 2025
CHANGE IN THE EXECUTIVE BOARD AT PROSIEBENSAT.1
On October 21, 2025, the Supervisory Board of ProSiebenSat.1 has resolved on significant changes to its Executive Board.
Marco Giordani is the new Chief Executive Officer (Group CEO), succeeding Bert Habets, who steps down by mutual agreement and will take on the role of senior advisor until the end of the year. Bob Rajan takes over as interim Chief Financial Officer (Group CFO) from Martin Mildner, who also leaves the company by mutual agreement. Markus Breitenecker, previously Chief Operating Officer (COO), leaves the Executive Board by mutual agreement, and his position will not be replaced.
These changes mark an important step in ProSiebenSat.1’s development and are intended to position the company for current market conditions.
SEPTEMBER 2025
MFE BECOMES MAJORITY SHAREHOLDER OF PROSIEBENSAT.1
Following the end of the additional acceptance period of the voluntary public takeover offer on September 1, 2025, MFE secured a total of 75.6% of the ProSiebenSat.1 shares. The settlement of the offer took place on September 16, 2025 – thereby completing the transaction both economically and legally, making MFE the majority shareholder of ProSiebenSat.1.
With the acquisition of the majority of shares and voting rights by MFE, a leading European media group is created, covering five key markets with over 210 million people – MFE in Italy and Spain, and ProSiebenSat.1 in Germany, Austria, and Switzerland.
AUGUST 2025
FOUNDING OF STUDIO FLITZ
Seven.One Studios have founded a new production company, studio flitz, which focuses on creator content for streaming and social media. The company is led by Thomas Münzner. The first production is the new season of the Joyn hit "THE RACE" by creator David "Dave" Henrichs.
MAY 2025
MARIA KYRIACOU APPOINTED NEW CHAIRWOMAN OF THE SUPERVISORY BOARD OF PROSIEBENSAT.1
Maria Kyriacou (54) is appointed as new Chairwoman of the Supervisory Board of ProSiebenSat.1 Media SE. At today’s Annual General Meeting of the company, internationally experienced media executive Maria Kyriacou was newly elected to the Supervisory Board with an approval rate of over 98%. Following the meeting, the Supervisory Board elected Kyriacou as its new Chairwoman. She succeeds Dr. Andreas Wiele, who had previously announced that he would not stand for re-election after serving a three-year term.
MAY 2025
PROSIEBENSAT.1 ACQUIRES MAJORITY STAKE IN STUDIO BUMMENS GMBH
By agreement dated May 15, 2025, effective as of May 30, 2025, Seven.One AdFactory has acquired a majority stake in Studio Bummens and now holds 65% of the Berlin-based podcast publisher. With this step, ProSiebenSat.1 is expanding its in-house podcast production business and ensuring even closer integration of production and sales. The aim is to strengthen the market position in the German-speaking podcast business and benefit from dynamic market growth.
MAY 2025
PROSIEBENSAT.1 CONSISTENTLY ALIGNS ORGANIZATION WITH DIGITAL TRANSFORMATION
After ProSiebenSat.1 recently achieved strategic progress despite a challenging macroeconomic environment and is now focusing even more strongly on its Entertainment business, the next step is to further develop the Entertainment business and the Holding Company. Against this backdrop, a reduction of around 430 full-time positions is necessary. The job cuts are carried out in a socially responsible manner through a voluntary program. The restructuring measures are aimed at streamlining the process structure and increasing cost efficiency.
MARCH 2025
PROSIEBENSAT.1 CONSISTENTLY IMPLEMENTS PORTFOLIO STRATEGY
By contract dated March 21, 2025, ProSiebenSat.1 sold Verivox to a subsidiary of Moltiply Group S.p.A. The sale of Verivox is an important milestone in ProSiebenSat.1's strategy to focus on the Entertainment business and strengthen the Company's financial base.
In the first quarter of 2025, the Group also sold its minority stake in Urban Sports Club to GPDE GmbH ("Wellhub"), a leading global corporate wellbeing platform. Urban Sports Club is another example of the success of our media-for-equity approach. The company has benefited considerably from the reach of our channels and our expertise in brand building – and ProSiebenSat.1 is now in turn benefiting from the significant increase in value of our minority stake in just a few years.
MARCH 2025
MATTHEW GAIN APPOINTED NEW CEO OF PARSHIPMEET GROUP
On March 1, 2025, Matthew Gain took up the position of CEO of ParshipMeet Group, the world's third-largest dating and video company. Prior to this, the Australian spent nine years in management positions at Amazon subsidiary Audible, most recently as Head of Europe based in Berlin. In his new role, he is responsible for brands such as Parship and eharmony, as well as social entertainment apps such as MeetMe and Tagged.
He succeeded Marc Schachtel, who left the company for personal reasons after 14 years of successful service.