ProSiebenSat.1 Media SE, a publicly owned German company founded in 2000, is a digital media and entertainment group. Its primary business is free-to-air television and radio broadcasting, operating primarily in Austria, Germany, and Switzerland. As of 2023, the company employed approximately 5,110 people and generated revenue exceeding $1 billion.

2024 Revenue

Founded

2000

Headcount

5,103

Headquarters

Germany

Primary Segment

Broadcast television and radio

Ownership

Publicly Owned

News Summary:

ProSiebenSat.1 Media announced on Thursday that its boards approved an agreement with General Atlantic for the acquisition of its minority stakes in NuCom Group (excluding flaconi) and ParshipMeet Group, contingent on the sale of Verivox, which was also approved that day. Previously, the company announced discussions regarding a potential acquisition of General Atlantic's minority shareholdings in NuCom Group (excluding Verivox and flaconi) and ParshipMeet Group, potentially involving a mandatory convertible bond and/or the transfer of treasury shares as consideration. Separately, the company announced that Andreas Wiele, chairman of the supervisory board, will not seek re-election after his term expires. The company also published its full-year 2024 figures and announced its 2025 Annual General Meeting.

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ProSiebenSat.1 Media offers 4 products in the media and telecoms services industry. ProSiebenSat.1 Media's product portfolio comprises of broadcast television and radio.
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ProSiebenSat.1 Media's revenues were $4.1B in 2024. All the revenue comes from linear (national channel groups).
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Examples of ProSiebenSat.1 Media's suppliers include CGI, Amazon Web Services (AWS) and Accedo.

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ProSiebenSat.1 Media currently holds 21 broadcasting rights for sports competitions including basketball, american football, rugby union, ice hockey, soccer | association football, rugby league and motorsports.

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