Classic pay-TV recorded a decline in revenues in Germany in 2020 from €2.4 billion (2019) to €2.1 billion.
German media company ProSiebenSat.1 has increased its outlook for the financial year 2021 following a strong recovery in Q2 2021 compared to the COVID-19 impacted previous-year quarter.
Revenues from pay-TV and paid video-on-demand (VOD) services in Germany, Austria and Switzerland rose by 14% year-on-year to around €4 billion in 2018.
The turnover with audio-visual media content will increase by 6.2% to €12.44 billion in Germany this year.
Paid-for video-on-demand (VOD) services have reached the mass market in Germany: At the end of 2017, 18% of all households were subscribing to at least one Pay-VOD service.
OTT provider Magine TV Deutschland separates itself from Swedish parent company Magine Holding AB to operate as an independent company in the German market.
German media company ProSiebenSat.1 Group increased its revenues by 3% to €883 million in Q3 2017 (previous year: €857 million).
The audiovisual German media market will increase its revenues across all segments – TV, video, radio, audio – by 5.8% to a total of €11.6 billion this year.
The advertising revenues for TV, radio, video and audio offerings in Germany are expected to grow to around €6 billion this year (2016: €5.7 billion).
German media company ProSiebenSat.1 has increased its revenues by 13.4% to €3.2 billion (2014: €2.9 billion) last year.