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ProSiebenSat.1 Shows Slight Revenue Growth, Projects Sunny Outlook Despite Hit to Entertainment Business

German broadcast giant ProSiebenSat.1 Group’s first quarter revenue for 2021 showed a marginal 1% uptick to €938 million ($1.13 billion), despite pandemic-related lower advertising revenues. Though the Group’s year-on-year Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) declined 9% from €157 million in 2020 to €143 million in 2021, the company is upbeat about its […]

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