ProSiebenSat.1 Media AG is the holding company of the ProSiebenSat.1 Group. It is an incorporated company with its headquarters in Germany. As such, ProSiebenSat.1 Media AG is subject to German law particularly with regards to the provisions of German legislation governing stock corporations, co-determination, and the capital markets.
In its function as the Group holding company, tasks of ProSiebenSat.1 Media AG tasks include among others the ongoing development of the corporate strategy, central financing and Group risk management. The economic development of the ProSiebenSat.1 Group is determined primarily by the subsidiaries held both directly and indirectly.
One of the most important direct subsidiaries of ProSiebenSat.1
Media AG is ProSiebenSat.1 TV Deutschland GmbH. Under this umbrella
all German TV stations work together in a cross-function matrix
organization. In terms of structure, ProSiebenSat.1 Media AG
differs considerably from other German TV companies. Not only does
the company own all shares in the TV stations SAT.1, ProSieben,
kabel eins, sixx, SAT.1 Gold and ProSieben MAXX, it also indirectly
holds a 100 % stake in the sales companies SevenOne Media GmbH and
SevenOne AdFactory. This results in advantages with regard to the
station programming and the sale of advertising time.
The companies in the online, games, travel and ventures areas are also affiliated indirectly with ProSiebenSat.1 Media AG via subsidiaries consolidated under the ProSiebenSat.1 Digital & Adjacent GmbH. The subsidiaries for the Content Production & Global Sales segment operate as the Red Arrow Entertainment Group, also a 100 % holding of ProSiebenSat.1 Media AG.