ProSiebenSat.1 posts slight organic revenue growth in 2018
Group revenues decline as expected by 2% to EUR 4,009 million, 1% growth adjusted for consolidation and currency effects
Adjusted EBITDA decreases by 4% to EUR 1,013 million, adjusted net income declines by 2% to EUR 541 million
Share of non-advertising business increases to 44%; commerce business with double-digit organic growth
Executive Board and Supervisory Board propose dividend of EUR 1.19 per share
Group drives implementation of strategy and confirms investments in Entertainment business
Positive start into the year with growing TV ratings and video views
KPI for Total Video Viewtime established; introducing a Total Reach metric in first half of 2019 together with AGF
Outlook 2019: Group expects revenue growth in the mid-single-digit percentage range and an adjusted EBITDA margin between 22% to 25%; visibility on TV ad market remains low
Max Conze, CEO of ProSiebenSat.1 Media SE: 2018 was not a year we can be satisfied with as the weakness in TV advertising was not yet sufficiently counter-balanced with digital and commerce growth. Nevertheless, we kicked off the critical transformation to be a digital, diversified entertainment to commerce champion and the start into 2019 is showing encouraging signs of progress: Total video views are growing, latest TV ratings are the best since 2016 with a strong line up of local hero programs. Digital and smart ad business, NuCom Group and Red Arrow Studios are all growing double-digit. The team is coming together and we are executing better. On the other side, the underlying TV advertising market continues to be difficult to read with a decent January and February while March is expected to be weak. Now our full focus is on the successful launch of our streaming platform together with Discovery this summer, on expanding local content, total video views, total and smart reach as well as addressable advertising products. And we will continue to rapidly grow and scale our NuCom commerce champions. Transformation is never easy but I am confident we have the strategy, passionate people and will to lead and win.
Munich, March 7, 2019. As in the previous quarters, ProSiebenSat.1 Group's revenue development was impacted by consolidation and currency effects also in the full-year 2018: As expected, 2018 revenues therefore were slightly below the previous year by 2% at EUR 4,009 million (previous year: EUR 4,078 million). The deconsolidation of the travel portfolio since the third quarter of 2017 and of the video-on-demand portal maxdome in July 2018 had a significant impact. However, adjusted for consolidation effects, ProSiebenSat.1 achieved a slight increase in revenues of 1%. Particularly in the second half of the year, growth in the Content Production & Global Sales and Commerce segments proved dynamic which could also compensate for the weaker development of advertising revenues in the Entertainment segment. In total, the share of non-advertising business increased to 44% in 2018 (previous year: 43%) - despite the deconsolidation of the online travel portfolio. In the full-year, adjusted EBITDA and adjusted net income declined by 4% to EUR 1,013 million (previous year: EUR 1,050 million) and by 2% to EUR 541 million (previous year: EUR 550 million) respectively. The adjusted EBITDA margin amounted to 25.3% (previous year: 25.8%), which was also in line with expectations. As well as varying revenue dynamics of the business areas, this also reflects the Group's efficient cost management.
Dr. Jan Kemper, CFO ProSiebenSat.1 Media SE: We initiated an extensive transformation of the Entertainment business in 2018 and are already seeing initial positive effects on the financial side, though we still have some way to go. Our fourth quarter results clearly show that a more diversified revenue profile will be the key to the Groups future success. I am of course especially pleased that the NuCom Group's products and services are so well received by our consumers. Combined with an ongoing efficiency program at Group level, this enabled us to partially compensate for the industry-wide weakness in the advertising market.
Strategy & Priorities in 2019: Investments into the future
ProSiebenSat.1 is consistently implementing the strategy presented at the 2018 Capital Markets Day and investing an additional EUR 120 million in total in local content, the expansion of digital platforms and an improved monetization of reach in 2019 in order to set up a modern and future-fit Entertainment business. The focus on local productions is already being implemented in the Entertainment business across all genres, which is also supported by a closer cooperation with the Groups own production network Red Arrow Studios. Their program grid share is expected to already reach about 20% this year. The start into the year in the Entertainment segment was positive: Next to an increase of TV audience shares by 1.4 percentage points to 27.5% (February YTD), also video views grew across all channels. At the same time, ProSiebenSat.1 is working intensively on introducing a total reach metric for TV and digital that is then marketable. Additionally, the share of targeted advertising via addressable TV is expected to increase significantly. The market launch of new products such as Cross Device Bridge and Addressable TV Spot will contribute to this. An important milestone will also be the market launch of a joint streaming platform with Discovery Communications that is planned for the summer of 2019. Therefore, both partners will invest together up to EUR 100 million this year. Katja Hofem, currently COO at ProSiebenSat.1 TV Deutschland, will strengthen the management team of 7TV as of March 15, 2019, and will have a special focus on developing and producing new formats as well as on program acquisi
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
When Canada qualified for the FIFA World Cup 2026, OneSoccer knew this wasn'...
04/07/2026
Celebrates company's 80th anniversary
Rhodes have recently revealed that they will be producing a limited run of electric pianos in celebration of their...
04/07/2026
Blackmagic Design Cameras Empower Youth Broadcasting Program
Brie Clayton July 3, 2026
0 Comments
Blackmagic Pocket Cinema Camera 6K Pro and Blackmagi...
04/07/2026
iZotope Joins Boris FX
Boris Yamnitsky July 3, 2026
0 Comments
iZotope, the team behind RX and Ozone, is joining Boris FX. A letter from founder Boris...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
03/07/2026
New bundle & three Single Packs
Continuing to expand their already sizeable orchestral collection, VSL's latest release introduces three new Single Pack...
03/07/2026
Venue installs new ATC-equipped control room
LSO St Luke's, a unique music venue that also serves as the home of the London Symphony Orchestra, have rec...
03/07/2026
Caden Pearson appointed new Commissioning Editor for NITV
3 July, 2026
Media releases
National Indigenous Television (NITV) has strengthened its commitment...
03/07/2026
1 February 2023
SHARE Facebook Twitter Linkedin Email
Munich, Germany, 1st February 2023: Cinegy GmbH, the premier provider of software technology for digit...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Death Star
Andy Marken July 2, 2026
0 Comments
Look, I can't get involved. I've got work to do. It's not that I like the Empire; I hate i...
03/07/2026
Berklee's New Visual Identity: Honoring Our History, Building for What's...
03/07/2026
Scripps Research scientists awarded $2M to advance global disease surveillance Two Gates Foundation grants will expand wastewater surveillance and AI-driven dis...
03/07/2026
Joan Pulupa joins Scripps Research faculty to study the organization of DNA in brain cells and its links to neurodegeneration Using smell-sensing neurons and ad...
02/07/2026
Entering her senior year, this hometown girl is paving a career in live sports production gaining experience in replay and audio and as a TD
In the live-sports...
02/07/2026
In-venue and creative video staffers at the professional and collegiate level ha...
02/07/2026
BLAST, a competitive entertainment company focused on esports, has announced more than $133 million in revenue for 2025, representing more than 40% year-over-ye...
02/07/2026
Riedel Communications has announced official SKAARHOJ panel support for SimplyLive production workflows, enabled through the SimplyLive 2.1 release. The integra...
02/07/2026
The Fire Rescue Service of the Czech Republic has deployed LiveU video-over-bond...
02/07/2026
Gravity Media USA has announced the appointment of Brittney Boston as Head of Business Development, effective July 1, 2026. Based in Nashville, Tennessee, Bosto...
02/07/2026
TwelveLabs, a video intelligence company, has announced $100 million in Series B funding co-led by NEA and NAVER Ventures, with participation from Amazon, Radic...
02/07/2026
The Pro Padel League (PPL) has announced a broadcast partnership with USA Sports that will air five PPL championship matches on CNBC during the 2026 season, the...
02/07/2026
LiveLike, a digital fan engagement platform, has announced eight confirmed FIFA ...
02/07/2026
Cobalt Digital has received Future's Best of Show Award, presented by AV Technology at InfoComm 2026, for its blueCORE family of standalone signal processor...
02/07/2026
Synamedia has announced the appointment of Dr. Tzvi Gerstl as Chief Executive Officer. Paul Segre, who has served as CEO for the past six years, will transition...
02/07/2026
The Esports Foundation (EF) and Sony Group Corporation have announced an expanded collaboration for the Esports World Cup 2026 (EWC), taking place in Paris, Fra...
02/07/2026
Zee Entertainment Enterprises Ltd. ( Z') has announced exclusive broadcast and digital rights for the Bundesliga in India for five years, beginning with the...
02/07/2026
An effort uniting News, Sports, Local, and Telemundo, the 50+-camera live produc...
02/07/2026
Zoey Deutch, John Slattery, Ken Marino, Miles Gutierrez-Riley, and Ben Wang appe...
02/07/2026
Stammering, stuttering, strangulated tones
The Crow Hill Company's latest creation promises to be the most original sound set they've produced to d...
02/07/2026
A new era in unmixing and spectral editing
The latest version of Steinberg's spectral audio-editing software has just arrived, building on the strength...
02/07/2026
Aims to simplify additive synthesis
Sine Machine is the debut launch from Melatonin, a Vienna-based developer who have spent the past six years creating wha...
02/07/2026
Products to remain fully active & supported
Following the news of Native Instruments joining the inMusic brand line-up, Academy and Emmy Award-winning visua...
02/07/2026
What you missed!
Last weekend, Saturday 27 June 2026, saw the debut of Sound On Sounds new GearExpo UK event, the largest dedicated pro-audio event to take ...
02/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/07/2026
Following the successful launch of its inaugural APAC Mentoring Programme last month, the Rise AV APAC Regional Council will bring the conversation around mento...
02/07/2026
Blackmagic PYXIS 6K Used to Shoot Director Takahisa Zeze's Cry Out
Brie Clayton July 2, 2026
0 Comments
Highly mobile camera supports tense and de...
02/07/2026
Broadcast Solutions acquires BFE, expanding its lead in European broadcast, medi...
02/07/2026
Berklee Alum and Faculty Perform at Boston Public Library's 250th Anniversar...
02/07/2026
Broadcast Solutions GmbH, a leading systems integrator and provider of innovative solutions for the broadcast media industry, is acquiring BFE Studio und Medien...
02/07/2026
Cinegy GmbH, the premier provider of software-defined television technology, has extended the ingest facility at leading Brazilian sports company LiveMode, work...
02/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/07/2026
Standalone processors acknowledged for the innovation and value they bring to Pro AV
Cobalt Digital, a leading designer and manufacturer of signal processing ...
02/07/2026
Synamedia announced today the appointment of Dr Tzvi Gerstl as Chief Executive Officer. Paul Segre, who has served as CEO for the past six years, will transitio...
ProSiebenSat.1 posts slight organic revenue growth in 2018
