In a move to streamline its operations and reinforce its focus on entertainment, German media company ProSiebenSat.1 has announced the sale of its online comparison platform Verivox to Moltiply Group.
ProSiebenSat.1 and General Atlantic agree on stake buyout, Verivox sale
German media company ProSiebenSat.1 has approved a proposed agreement with private equity firm General Atlantic to acquire its minority stakes in NuCom Group (excluding Flaconi) and ParshipMeet Group, while also […]
ProSiebenSat.1 grows revenues in 2024
German media company ProSiebenSat.1 has reported a 2% increase in revenue for 2024, reaching €3.92 billion despite a difficult economic climate.
ProSiebenSat.1 faces major job cuts in shareholder turmoil
German media company ProSiebenSat.1 is reportedly planning a significant round of job cuts.