Prosiebensat.1 The financial results of the entire year showed a mixed image, as the German giant this week witnessed the content of the ZDF and Ard public broadcasters from the current, Joyn.
Bruceciben, based in UNTERFOEHRING, recorded revenues of 3.92 euros for 2024, an increase of 2 % on an annual basis, as growth in many sectors was compensated by “difficult macroeconomic status” that had a “significant impact” on linear TV advertisements. The profit adjustment before benefits, taxes, depreciation and consumption was 557 million euros, a decrease of 3.6 %.
The two results were compatible with the guidance, as Brucebin referred to special consumption and companies’ willingness to spend on advertisements “did not develop positively as expected at the beginning of the year”, while the dating and video sector “decreased in a very difficult and competitive economic environment.”
This represents the third year of a TV row that has reached the numbers of Prossin, and comes with the continued speculation about the future of Prossin. Many major shareholders (MFE), which last week recorded a 15 % increase in profits, is expected to launch a full width of the acquisition after today’s results. MFE last year approached the launch of a restructuring in Prosieben, based in the division of business and the sale of some assets, but was defeated by a slight difference in the shareholders ’vote.
The financial data numbers for the entire year have reported that Prosbybin informed Joyn users that the “test phase” through which they can access the PubCASters ARD and ZDF libraries directly through the service “has ended now” and will not be available upon request.
However, Joyn users can still access the ARD and ZDF as direct TV channels and the content of ARD Plus and Zdf Studios, networks of networks, thanks to separate deals. This comes after Joyn added controversially the content of the ARD and ZDF library to the assembly service without approval during the test phase, which leads to legal action.
Joyn is still priority Prosieben, Prosiebensat.1, CEO of Media Bert Habets today says: “Our goal is clear: We want to create joyn as a tropical flow platform in the leading ads in the German -speaking region and we continue to increase the accessible accessible accessible access with clear growth rates every year.”
Joyn has witnessed AVOD revenues by 36 % and increased monthly video users by 44 % to 7.1 million, as revenues in digital and smart business increased by 5 %, while the entertainment sector in which Joyn sits has recorded revenues of 2.54 euros, a decrease of 1 % in 2023. This was primarily due to the recording of the TV. The modified entertainment Ebitda fell 12 % at 416 million euros.
Priosieben aims to revenue in the entire 2025 billion euros, although it expects the macroeconomic climate in German -speaking areas to remain “difficult”, and modified Ebitda is expected for 550 million euros.
Meanwhile, Prosipen indicated that he is continuing the sale of Flaconi and Verivox, as it multiplies the Joyn TV strategy.
Habets said: “Our focus on entertainment and consistent implementation of our strategy is fruit.” “This is evident through the strong growth of Joyn and improving the performance of our linear channels at the end of the year. We are also invested greatly in programming and new technologies to enhance our long -term competitiveness.”
