In an aim to combat global players like Google, Facebook and Amazon, Germany’s two major commercial TV broadcasters Mediengruppe RTL Deutschland and ProSiebenSat.1 have entered into a 50/50 partnership for addressable TV and online video advertising.
Italian media company Mediaset has acquired a 9.6% stake in German broadcaster ProSiebenSat.1.
German media group ProSiebenSat.1 has acquired a 20% stake for a one-digit million euro amount in Holodeck VR, a German company developing advanced virtual reality (VR) applications.
ProSiebenSat.1 and Discovery will launch their joint German streaming platform in June 2019 under the name Joyn.
German media company ProSiebenSat.1 has launched a streaming platform with live coverage and on-demand content for car fans.
German media company Pantaflix is set to intensify the expansion of its video-on-demand (VOD) business by bringing two additional digital and media experts on board: Thilo Schlüter and Manuel Uhlitzsch.
German media company ProSiebenSat.1 wants to start joint initiatives in video streaming, technology as well as monetisation with its partners of the European Media Alliance (EMA).
German TV platform Freenet TV has added action sports channel ran Fighting to its line-up.
RTL Group does not intend to accept ProSiebenSat.1’s invitation to participate in the latter’s joint German streaming venture with Discovery for the time being.
German broadcaster ProSiebenSat.1 has appointed Nick Thexton to the newly created position of Chief Technology Officer, as the company continues to advance the technological transformation of its business.