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ProSiebenSat.1, German Television, Streaming Group, Sees Revenue and Profits Soar in First Quarter of 2024


Germany's ProSiebenSat.1 Group has had an encouraging start to 2024 after a rough 2023 financial year that saw revenues dip by 7%.

ProSiebenSat.1 Group, which owns one of Germany’s leading broadcasters and one of its top streaming platforms, has had an encouraging start to 2024 after a rough 2023 financial year that saw revenues dip by 7%. The group said that in addition to revenue growth, the positive numbers are due to the cost control program implemented in the previous year. Its digital platform and commerce companies Verivox and Flaconi continued to “grow dynamically,” the group said.

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