The ProSiebenSat.1 Group
The ProSiebenSat.1 Group is one of the largest independent media corporations in Europe. Free TV financed by advertising is our core business. With the stations SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, and ProSieben MAXX, we are the number one in the German TV advertising market. We have tapped into an attractive new business area with the distribution of our television channels in HD quality. We are also Germany's leading video marketer on the internet. We operate maxdome, the biggest German video-on-demand portal, and provide our customers with the multi channel network Studio71 or the streaming app 7TV the best digital entertainment. In recent years, we have built a strong e-commerce portfolio, which is now one of our key growth drivers. In addition, our Group is represented by an international program production and distribution network in seven countries. This means ProSiebenSat.1 has a broad revenue and earnings basis.
In the 2014 financial year, we generated revenues of EUR 2.876 billion and recurring EBITDA of EUR 847.3 million. By 2018, we want to increase our revenues by a further EUR 1 billion compared to 2012. The growth segment Digital & Adjacent is then expected to contribute 25 % to 30 % of consolidated revenue. These medium-term financial goals are reflected in our strategy: We want to develop the ProSiebenSat.1 Group into a leading broadcasting, digital entertainment and commerce powerhouse.