ProSiebenSat.1 increases revenues by 4% in Q3 2019
Revenues increase by 4% to EUR 926 million in Q3, 56% of revenues are non-TV core advertising business that grows by 13% while TV core advertising revenues decline by -6%
Growths drivers are 21% at Red Arrow Studios, 13% at NuCom Group and 37% in digital and smart advertising business
Streaming platform Joyn remains on growth course with nearly 5 million monthly total active users and 4.9 million app installs
Group continues transformation with reorganization of Holding and Entertainment structure
ProSiebenSat.1 further invests in the future of the Entertainment business and in the growth of NuCom Group, as expected this is reflected in the development of adjusted EBITDA
Group maintains financial targets for the full-year 2019, that are however dependent on the development of the macroeconomic environment and the TV advertising business in Q4
Munich, November 7, 2019. Max Conze, CEO of ProSiebenSat.1 Media SE: We continue to make good progress and consistently drive ProSiebenSat.1's transformation. Despite the increasingly difficult macroeconomic environment and a therefore weaker TV advertising market, our revenues increased by 4% in the third quarter. 56% of our revenues are now generated from non-TV core advertising business - and growing by 13% in the third quarter. This was driven by growth of 37% in the digital and smart advertising business and continuing double-digit growth rates at Red Arrow Studios and NuCom Group. We demonstrated once again that our decision to invest in a digital and diversified future was the right one: Our streaming platform Joyn is continuously gaining new users, and the premium version will be launching this winter. At NuCom Group, the online-beauty provider Flaconi boasts very dynamic growth of 59% in the third quarter, while our focus on local content is becoming increasingly effective. In the first nine months of the year, we are clearly ahead of the audience shares of the previous year, and a strong portfolio of fiction and entertainment formats, such as Schattenmoor', Dancing on Ice', and Queen of Drags' is coming up in the next months. In a weakening and less predictable environment, it is all the more important to continue investing in the future of the company.
Development of the Group
ProSiebenSat.1 Group concluded the third quarter largely within its expectations: Despite the clearly weaker than originally anticipated development in the TV advertising business, the Group increased its revenues by 4% to EUR 926 million in this period (previous year: EUR 892 million); the organic(1) increase was 3%. While especially the TV core advertising business affected the development in the Entertainment segment and led to a decline of -4% (organic decline: -3%) in revenues, this was more than offset by the revenue growth in all other business areas. Thus, the Content Production & Global Sales (Red Arrow Studios) and Commerce (NuCom Group) segments both increased their revenues by double-digit growth rates of 21% and 13% respectively (organic growth: 15% and 10% respectively). Also the digital and smart advertising business grew again by a strong 37%. The Group's adjusted EBITDA was in line with expectations, too, and decreased by -25% to EUR 131 million in the third quarter (previous year: EUR 175 million): Besides lower TV core advertising revenues, this reflects the Group's decision to continue investing as announced in the future of the Entertainment business and in an accelerated growth of NuCom Group. Against this backdrop, adjusted net income decreased by -39% to EUR 46 million (previous year: EUR 75 million) as expected.
In the first nine months of 2019, ProSiebenSat.1 Group's revenues grew by 4% to EUR 2,786 million (previous year: EUR 2,685 million) despite the clearly weaker TV advertising market environment. The organic growth was 3%. As communicated at the beginning of the year, ProSiebenSat.1 consistently invests in the future of the Group. As expected, adjusted EBITDA accordingly fell by -16% to EUR 534 million (previous year: EUR 634 million; net income: -12% to EUR 248 million).
Segment performance
In the Entertainment segment, the Group further accelerated the dynamic development of its digital and smart advertising business which revenues grew by a considerable 37%. This was driven partly by the launch of the digital, advertising-financed streaming platform Joyn and the addressable TV business with the market launch of the Addressable TV spot product. This business area therefore compensated for some of the decline in TV core advertising revenues, which were down -6% year-on-year in the third quarter, reflecting the weakening macroeconomic environment and the corresponding development in the TV advertising market. Furthermore, the deconsolidation of the video-on-demand portal maxdome and the online fitness provider 7NXT also had an impact. Overall, external revenues in the Entertainment segment declined by -4% in the third quarter of 2019. Organically, external revenues decreased by -3%. In the TV audience market, ProSiebenSat.1 Group's channels were clearly ahead of the previous year with an audience share of 28.3% (14- to 49-year-olds) in the last nine months (previous year: 27.5%). This positive trend continued in October with a TV audience share of 28.8%. Digital view time likewise grew in the third quarter, increasing by 21.8%. In particular, the shows The Voice of Germany , Late Night Berlin and Das gro e Backen ( Bake Off ) are popular with viewers on all platforms. Total video viewtime, i.e. the total number of minutes viewed on all of the Group's linear channels and digital entertainment platforms, came to 253 billion minutes in the third quarter (previous year: 260 billion minutes), with the growth in d
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
17/05/2026
Delta Goodrem's Eurovision Eclipse marks end of a stellar run
17 May, 2026
Media releases
Bulgaria wins Eurovision 2026
Relive every spellbinding mome...
16/05/2026
Helps to deliver a clean, balanced midrange
Developed alongside Newfangled Audio, the latest plug-in in Eventide's software collection has been designed...
16/05/2026
Brings onboard stem rendering to RANE System One
Engine DJ have just released Engine DJ 5.0, a free update for their Engine DJ OS embedded hardware and Engi...
16/05/2026
Boris FX Continuum Pairs AI Precision and Advanced Creative Controls
Jessie Electa Petrov May 16, 2026
0 Comments
The 2026.5 release adds automatic de...
16/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
16/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
16/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
16/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Seattle Sounders FC and Seattle Reign FC, in partnership with RAVE Foundation an...
15/05/2026
Dan Brumm has served as sound designer on Bluey, the Australian children's t...
15/05/2026
The Professional Audio Manufacturers Alliance (PAMA) and Shure Incorporated are accepting applications for the 6th annual Mark Brunner Professional Audio Schola...
15/05/2026
Netflix has announced an expanded NFL schedule for 2026 and beyond under a four-year partnership extension with the NFL through the 2029-30 season. Each season,...
15/05/2026
Ateme is supporting TVRI (Televisi Republik Indonesia) with a contribution and d...
15/05/2026
Concacaf has announced the launch of a new website and mobile app built on Deltatre's FORGE platform. Concacaf.com and the mobile app, available on iOS and ...
15/05/2026
Eutelsat has announced the launch of QBC Business Economic Channel by Qatar Media Corporation, broadcasting in 4K/UHD via Eutelsat's 7/8 West video neighbo...
15/05/2026
Major League Soccer has announced four original content series timed to the 2026...
15/05/2026
The Alliance for IP Media Solutions (AIMS) has announced it will exhibit and present at InfoComm 2026, taking place June 13-19 at the Las Vegas Convention Cente...
15/05/2026
InfoComm 2026 will take place June 13-19 (exhibits June 17-19) at the Las Vegas Convention Center. The show will include sessions and exhibits covering broadcas...
15/05/2026
Tracy McGrady's Ones Basketball League (OBL) and FuboTV Inc. have announced ...
15/05/2026
Disguise has partnered with Creative Technology (CT) to deliver visual playback ...
15/05/2026
Sony Electronics has announced two new products for professional imaging: the Alpha 7R VI full-frame mirrorless camera and the FE 100-400mm F4.5 GM OSS super-te...
15/05/2026
In-venue and creative video staffers at the professional and collegiate level ha...
15/05/2026
Ratings Roundup is a rundown of recent rating news and is derived from press rel...
15/05/2026
For sports organizations, the most valuable assets are often the most sensitive:...
15/05/2026
The NFL's broadcast partners released their 2026 regular season schedules ye...
15/05/2026
When MMA icons Ronda Rousey and Gina Carano meet inside the Hexagon at Intuit Do...
15/05/2026
Daniel Roher attends the Tuner Premiere during the 2026 Sundance Film Festival at Eccles Theatre on January 22, 2026 in Park City, Utah. (Photo by Neilson Bar...
15/05/2026
Last night, the Spotify Podcast Awards in Mexico returned to the country's capital. Now in its second year, the evening honors creators whose voices are hel...
15/05/2026
Rebranded show announced
Ahead of their 2026 return, Music Expo have announced that they have now officially changed their name to the MONO Music Conference...
15/05/2026
Fuzz pedal joins UK companys line-up
UK-based pedal makers Buzzing Bugs Audio Devices have recently unveiled their latest creation, the Bolster. Said to pay...
15/05/2026
Joint Statement: News Bargaining Incentive
28 April, 2026
Media releases
The vibrancy of Australian democracy relies on the robust and open exchange of new...
15/05/2026
Call it Deltavision, Australia's through to the Grand Final of this year'...
15/05/2026
Join Calrec at MPTS 2026 | May 13-14 | Stand A40 | Olympia, London We're looking forward to meeting up with customers and partners at this year's Media ...
15/05/2026
86% of media planners would move more linear TV budget to CTV if they had show-level targeting and reporting - and 65% would also shift dollars from programmati...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Clear-Com will showcase new communications solutions and major platform updates at InfoComm 2026 (Booth N7005), June 17-19, in the North and Central Halls of t...
15/05/2026
Following an outstanding inaugural year in 2025, Rise AV is proud to announce the return of its flagship leadership initiative, Elevate. The programme continues...
15/05/2026
Berklee Announces Lineup for Inaugural AI Music Summit The three-day event puts musicians at the center of the future of music creation, ethics, and the indus...
15/05/2026
Lightware returns to InfoComm 2026 with a focused showcase of scalable USB-C connectivity, next-generation AV-over-IP solutions, and technologies that help over...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/05/2026
Delivering a live, arena-scale production of a massively popular band is no small feat. Between expansive in-arena LED walls and a global live stream fed to onl...
ProSiebenSat.1 increases revenues by 4% in Q3 2019
