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ProSiebenSat.1 Group with considerable earnings increase of 13% in adjusted EBITDA in the third quarter of 2020
Group sees clear improvement in revenues and earnings compared to highly COVID-19 influenced previous quarter Group revenues with EUR 921 million at about previous year’s level; adjusted EBITDA increases 13% to EUR 149 million compared to the previous year; adjusted net income positive again at more
  • Date: 05.11.2020
ProSiebenSat.1 launches Debt Issuance Program for future bond financing
Unterföhring, October 30, 2020. Today, ProSiebenSat.1 Media SE has successfully taken the final steps in establishing a Debt Issuance Program. This is a flexible financing program allowing the issuance of fixed and variable rate notes. The program has an overall volume of up to EUR 2.5 billion and more
  • Date: 30.10.2020
  • Keywords:  Bond Financing, Dept Issuance Program
ProSiebenSat.1 sells WindStar Medical to Oakley Capital and increases enterprise value by 2.4x
Transaction is further proof of ProSiebenSat.1’s successful strategy to establish market leaders in the B2C sector by leveraging media capabilities and thus create value for the Group WindStar Medical’s enterprise value amounts to EUR 280 million, which corresponds to an adjusted EBITDA multiple more
  • Date: 22.10.2020
ProSiebenSat.1 sells myLoc to European Cloud Provider WIIT
Unterföhring/Milan, September 21, 2020. ProSiebenSat.1 Media SE is selling its Virtual Minds subsidiary, myLoc managed IT AG, to the Italian cloud provider WIIT S.p.A. MyLoc focuses on hosting solutions and in 2019 generated revenue of EUR 16 million with EBIT of EUR 4 million. The company’s more
  • Date: 21.09.2020
  • Keywords:  AdTech, Virtual Minds, MyLoc, Entertainment
Parship Group closes The Meet Group acquisition to form a leading online dating platform with ParshipMeet Group
ProSiebenSat.1’s and General Atlantic’s Parship Group completes acquisition of The Meet Group to form Germany’s next unicorn ParshipMeet Group operates a resilient business model with combined pro-forma LTM revenues of c. EUR 451 million and pro-forma LTM adjusted EBITDA of c. EUR 95 million more
  • Date: 04.09.2020
  • Keywords:  ParshipMeet Group, NuComGroup
Amazon Prime Video Germany Commissions New Comedy Series “Binge Reloaded” from Redseven Entertainment
Munich, August 17, 2020. Redseven Entertainment, a Red Arrow Studios company, has been commissioned by Amazon Prime Video Germany to produce the new comedy series “Binge Reloaded”. It is Redseven Entertainment’s first production for the streaming provider in Germany. The eight, half-hour more
  • Date: 17.08.2020
ProSiebenSat.1 Group with first upward trend in advertising business as of July after COVID-19 impact on Q2 2020
Outlook: Economic brightening in ProSiebenSat.1 Group’s core markets and first positive trend in the advertising business tangible as of July Focus on core business pays off: Entertainment offerings’ Total Video Viewtime grows by 3.4% in H1 2020 compared to the previous-year period As expected more
  • Date: 31.07.2020
  • Keywords:  Half year report, Q2, Financial Figures
James Baker to depart Red Arrow Studios
Unterfoehring, July 1, 2020 . ProSiebenSat.1 has announced that the current management contract of Red Arrow Studios CEO James Baker, which runs until the end of 2020, will not be renewed, as after 10 years with the business James has decided to leave Red Arrow Studios when his contract concludes. more
  • Date: 01.07.2020
  • Keywords:  Red Arrow Studios, James Baker
Shareholders approve all agenda items by clear majority at ProSiebenSat.1 Annual General Meeting
ProSiebenSat.1 holds first virtual Annual General Meeting Annual General Meeting follows recommendation for one-time dividend withdrawal for 2019, adopts all proposed resolutions, and grants discharge to the Executive Board and Supervisory Board Dr. Antonella Mei-Pochtler duly elected as new more
  • Date: 10.06.2020