On track: ProSiebenSat.1 continues revenue growth in second quarter of 2019
Q2 Group revenues increase by 4% to EUR 947 million - growth of 28% at Red Arrow Studios, 18% at NuCom Group and 26% in digital and smart advertising business more than compensates decline of 3% in TV core advertising revenues
Adjusted EBITDA and adjusted net income decline as expected due to investments recognized as expenses in future-fit Entertainment business
Focus on local content is starting to pay off: Best Q2 TV audience share in four years at 28.4% ( 1.2%pts); ProSieben's The Masked Singer ends with 38.1% market share and 9 million viewers at final show
Increase in Total Video Viewtime: 26% growth in digital viewtime more than compensates for decline in linear reach in the second quarter
Successful market launch of our streaming platform Joyn with over 3.8 million monthly total active users and over 2.4 million installed apps
H1 with growth of Group revenues ( 4%), EBITDA ( 6%) and net income ( 38%)
Group confirms financial targets for full-year 2019
Munich, August 7, 2019. Max Conze, CEO of ProSiebenSat.1 Media SE, comments: We are making good progress in the transformation of ProSiebenSat.1 and are delivering what we have announced: Despite a continued difficult advertising market environment, our organic and reported revenues grew 4% in the second quarter. Organic(1) growth at Red Arrow Studios of 21% (28% reported) and NuCom Group of 7% (18% reported) as well as growth of 26% in our digital and smart advertising business is fueling the diversification of the Group further.
We continue to focus single-mindedly on the execution of our strategy and are reaching important milestones. Our platform Joyn has been launched successfully in June with over 3.8 million monthly users across all devices: four times its predecessor 7TV. At the same time, our investments in local content are starting to pay off. Our show The Masked Singer' has just cast a spell over the whole of Germany. The finale with 38.1% was the best ProSieben prime time market share since 2010. In the second quarter, our audience shares were the best in four years, and our digital view time is continuing to post double-digit growth. We thereby managed to more than compensate for the decline in linear reach in the second quarter. These investments are now reflected in adjusted EBITDA - a planned and conscious decision to invest in the future of ProSiebenSat.1. We are convinced this will pay off and we are on the right track focusing on local and digital.
Group performance
ProSiebenSat.1 Group is growing further and continues its transformation successfully: In the second quarter of 2019, the Group increased its revenues by 4% to EUR 947 million (previous year: EUR 912 million). The organic(1) revenue increase also came in at 4%. This was driven by growth in the Content Production & Global Sales and Commerce segments, which more than compensated for the weaker development in the Entertainment segment: Content Production & Global Sales and Commerce increased their revenues by 28% and 18% respectively in the second quarter (organic growth of 21% and 7% respectively), the Entertainment business was 4% below the previous year's quarter (organic decline of 1%). Total advertising revenues in the Entertainment segment declined by 2% compared to the previous year with the digital and smart advertising business growing strongly by 26% while TV core advertising revenues were down by 3%. The Group's adjusted EBITDA came in as expected and declined by 18% to EUR 213 million (previous year: EUR 259 million) in the second quarter. As previously announced, this decline reflects the investments recognized as expenses into the future of the Entertainment business as well as lower advertising revenues. The Group has decided to strengthen its investments in the areas of content, digital platforms and advertising technologies. Adjusted net income decreased by 38% to EUR 85 million (previous year: EUR 136 million) in the second quarter as planned.
In the first half of 2019, ProSiebenSat.1 Group's revenues grew by 4% to EUR 1,860 million (previous year: EUR 1,794 million; organic growth of 4%). Adjusted EBITDA declined by 12% to EUR 403 million in the first six months of the year (previous year: EUR 459 million), while adjusted net income was down by 22% to EUR 179 million (previous year: EUR 230 million). However, EBITDA (EUR 384 million; 6%) and net income (EUR 215 million; 38%) respectively posted an increase in the first half of the year especially due to lower one-time expenses as in the previous year.
Segment performance
In the Entertainment segment, external revenues declined by 4% in the second quarter of 2019. Organically, external revenues decreased slightly by 1%. The Group's digital and smart advertising business once again developed dynamically, rising clearly by 26% in the second quarter and thus partly compensating for the decline in the TV core advertising revenues. These were 3% below the previous year's figure in the second quarter. Furthermore, the deconsolidation of the video-on-demand portal maxdome and the online fitness provider 7NXT had an impact overall. In the audience market, ProSiebenSat.1 Group's channels posted their best second quarter in four years with a market share of 28.4% (14- to 49-year-olds; 1.2%pts). The audience share continued to rise in July and was well above the previous year's level at 28.6% ( 0.9%pts). Digital viewtime rose by 26% in the second quarter. In particular, the formats The Masked Singer , Joko und Klaas gegen ProSieben and Das SAT.1-Fr hst cksfernsehen are popular with viewers on all platforms. Due to the strong digital growth and an increasing audience share, ProSiebenSat.1 more than compensated for the decline in linear reach: In the second qua
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
07/10/2026
Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
20/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/08/2026
IPC Expands Brazilian Presence with New Channel Partner CCATech
Industry veterans Carlos Abrah o and Bruno Lopes strengthen local support and expand IPCs prese...
20/08/2026
Zixi Enters Mauritius Market Through Strategic Deployment with MTC Jockey Club
Worlds Oldest Horse Racing Club in the Southern Hemisphere Selects Zixis Softwar...
20/08/2026
LA JOLLA, CA-Scripps Research assistant professor Tiantian Liu has received a five-year NIAID DP2 award from the National Institute of Allergy and Infectious Di...
20/08/2026
Audiences reveal appetite for multicultural Australia on-screen 20 August 2026
Dr Georgie McClean, Dr Rebecca Huntley (L-R)
By Dr Georgie McClean and Dr Rebec...
20/08/2026
How Mavis Studio Is Expanding Live Production Teaching at Sussex
Brie Clayton August 19, 2026
0 Comments
Hero image displays a student about to mix be...
20/08/2026
Vertical Unscripted Series Legal Queens Captured with Blackmagic Design
Brie Clayton August 19, 2026
0 Comments
Reality TV veteran Eric Gardner create...
19/08/2026
As the cost of IP nears price parity with traditional SDI, Reynolds argues that ...
19/08/2026
A private 5G bubble was chosen instead of traditional broadcast RF for the race ...
19/08/2026
(L-R) Rafael Manuel and Isabel Sicat attend the Filipi ana premiere during the 2026 Sundance Film Festival at The Ray Theatre on January 23, 2026, in Park Cit...
19/08/2026
Studio owners invited to have their say on rates cuts
The Music Producers Guild (MPG) are inviting UK-based studios to take part in an in-depth survey that ...
19/08/2026
Vintage-inspired desktop interface revealed
Harrison's latest hardware offering sees them head into the world of audio interfaces, delivering a 10-in/12...
19/08/2026
Granular effect remains locked to scale and tempo
Described as your dream granular effect , Minimal Audio's latest creation is capable of turning any s...
19/08/2026
First polyphonic SWAM instrument incoming
Audio Modeling's latest physical-modelling orchestral instrument is just around the corner, and is now availab...
19/08/2026
World Cup Games Generate 84 Billion Minutes Across FOX, Fox Sports 1 and NBCU...
19/08/2026
July brought typical peak-holiday drops in viewership, driven primarily by viewers stepping away from screens and a visible decline in reach across both traditi...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Henry joins BCE as the company accelerates its commercial strategy and expands its international presence across the media, broadcast and technology markets. He...
19/08/2026
iWedia, a leading provider of software solutions for connected TV devices, today announced a major milestone in Android platform optimization with the successfu...
19/08/2026
NTP Technology announces that ST 2110-30 audio-over-IP connectivity with AES67 and RAVENNA capabilities is now available for the brand's world-class audio i...
19/08/2026
Net Insight has been selected to provide its Nimbra platform by the service provider Big Blue Marble, formerly ORS Group, as the core media transport solution f...
19/08/2026
LiveU has supported Coventry City FC and several other top-flight UK football clubs through one of their most demanding live production challenges of the year, ...
19/08/2026
Nature Seekers Documentary Shot with Blackmagic URSA Cine 12K LF
Brie Clayton August 18, 2026
0 Comments
Filming endangered turtles required camera...
19/08/2026
Neyrinck Brings D-Control Consoles Back to Life on Apple Silicon with D-Control ...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Riedel Communications today announced that Edith Cowan University (ECU) in Perth, Australia, implemented a comprehensive communications infrastructure that brin...
19/08/2026
QuickLink, a leading provider of award-winning video production and remote guest contribution solutions, will spotlight a major leap forward in remote guest con...
19/08/2026
Integrated platform melds media asset management, playout automation and newsroom workflows
EMAM, PlayBox Neo and SNEWS have officially launched Nuvex, a conne...
19/08/2026
Screen Australia releases the Private Investment Toolkit to strengthen screen in...
19/08/2026
Do Aussies truly value local content? Unpacking Screen Currency 2026 with Deirdr...
19/08/2026
There's an early Christmas gift for Bookish fans, as UKTV confirms the re-commission of the hit U&alibi drama, created by and starring Mark Gatiss. Viewers ...
19/08/2026
Wednesday 19 August 2026
Sky gives sports fans the chance to watch multiple liv...
19/08/2026
On Saturday September 5 Katie Taylor will step into the ring for the fight of her life against Flora Pili in front of 80,000 fans in Croke Park. A legendary fig...
18/08/2026
SportStream 2026, a free three-day virtual event, will take place September 15-17. One registration provides access to all three days of live programming and on...
18/08/2026
BeckTV will introduce BeckFlow to the European market at IBC2026, demonstrated on the Providius stand (10.F53).
BeckFlow is a web-based schematic documentation...
18/08/2026
Boland Communications will introduce a SMPTE ST 2110 input option for its 4K monitors at IBC2026, along with a new 55-inch super-narrow bezel display for video ...
18/08/2026
Dolby Laboratories and the Seattle Seahawks have announced a partnership integrating Dolby OptiView into the Seahawks' live streaming coverage, making the S...
18/08/2026
For BMG Executive Producer of Sports Production, Graham Taylor, producing live s...
18/08/2026
TMRW Sports has appointed Rufus Hack as President of Golf, a newly created role in which he will lead the company's golf businesses including TGL presented ...
On track: ProSiebenSat.1 continues revenue growth in second quarter of 2019
