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ProSiebenSat.1 Again Significantly Increases Revenues and Earnings in the Second Quarter of 2015
Munich, July 30, 2015. ProSiebenSat.1 remains on course for a successful year. The Group increased its revenues by 11.8 % to EUR 772.5 million in the second quarter of 2015 (previous year: EUR 691.1 million). Recurring EBITDA rose by a similarly dynamic 8.4 % to EUR 237.6 million (previous year: EUR 219.1 million). Underlying net income grew by 9.3 % to EUR 118.2...
ProSiebenSat.1 acquires majority stake in SMARTSTREAM.TV ad exchange platform
Munich, July 29, 2015. ProSiebenSat.1 Digital has acquired a majority stake in SMARTSTREAM.TV, an automated trading platform for digital video advertising. With more than 300 million video views per month, SMARTSTREAM.TV is one of the largest providers of video advertising space in Germany and Europe. The broadcast group has held a 25% share in the company since the end of 2013, and that...
Axel Springer and ProSiebenSat.1 launch project to promote digital startups
Munich, July 29, 2015. Axel Springer SE and ProSiebenSat.1 Media SE jointly launch a project to promote digital start-ups. The initiative aims at promoting innovative digital business ideas and startups in order to enhance the positioning of Germany as a digital hub also on an international level. Joint investments in companies and funds, networking of incubator and accelerator programs as...
ProSiebenSat.1 founds global multichannel network, “Collective Studio71”
Munich, July 8, 2015. The ProSiebenSat.1 Group continues to internationalize its online video business, founding "Collective Studio71," a globally operating multichannel network (MCN) with locations in Los Angeles, New York, Berlin, and London. To do so, the media company is acquiring a majority interest in Collective Digital Studio (CDS), one of the leading MCN's in the United States, in...
ProSiebenSat.1 Media SE: Conversion into European Stock Corporation Completed
Munich, July 8, 2015. The conversion of ProSiebenSat.1 Media AG into a European Stock Corporation (Societas Europaea/SE) was concluded on July 7 with the entry into the commercial register and is thus officially effective. The new legal form facilitates the Group's increasingly international focus and supports its successful growth course. ProSiebenSat.1 Media SE will continue to...
ProSiebenSat.1 Supervisory Board Extends Thomas Ebeling’s Contract
Munich, July 2, 2015. In a resolution passed on July 1, 2015, the Supervisory Board of ProSiebenSat.1 Media AG has extended the contract of CEO Thomas Ebeling, 56, until the Annual General Meeting 2019. Thomas Ebeling has been CEO of ProSiebenSat.1 Media AG since March 1, 2009. Dr. Werner Brandt, Chairman of the ProSiebenSat.1 Supervisory Board: "Since taking office in 2009, Thomas...
ProSiebenSat.1 expands its expertise in programmatic advertising
Munich, June 30, 2015. ProSiebenSat.1 and United Internet are making a joint move in the rapidly growing market for programmatic advertising. ProSiebenSat.1 Digital, the digital entertainment unit of the ProSiebenSat.1 Group, will acquire a 51-percent interest in Virtual Minds AG, in which United Internet invested in 2008 and in which it will still hold a 25.1-percent interest after...
ProSiebenSat.1 acquires Verivox consumer portal
Munich, June 26, 2015 - ProSiebenSat.1 is further strengthening its strategic eCommerce business through its 7Commerce subsidiary by acquiring a majority stake in Verivox, Germany's largest independent consumer portal for energy. With this largest digital acquisition to date, ProSiebenSat.1 is expanding its activities in the fast-growing segment of comparison portals. ProSiebenSat.1 is...
TV advertising budget for startups: the ProSiebenSat.1 Accelerator to invest marketing power
Unterföhring, June 8, 2015 - The ProSiebenSat.1 Accelerator , the support program for startups, is being reorganized and expanded. In the future, each participating startup will receive TV ad time worth €500,000 which it can use on ProSiebenSat.1's channels. In addition, an exclusive network of venture capitalists (b-to-v, Earlybird,...
ProSiebenSat.1: Annual General Meeting resolves conversion into a European Stock Corporation (SE)
Munich, May 21, 2015. At today's ProSiebenSat.1 Media AG Annual General Meeting, shareholders voted with 99.97 % of the votes for the conversion of the Group into a European Company (Societas Europaea/SE). The conversion will take place after the entry into the Commercial Register which the Group expects in the next weeks. The new legal form supports the stronger international focus of...