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ProSiebenSat 1 Media SE (PBSFY) reports strong H1 2026 EBITDA growth driven by cost cuts and digital momentum, despite a 9% revenue decline amid a challenging TV advertising market.
German broadcaster ProSiebenSat.1 is seeking closer ties with domestic media groups to help defend the German media ecosystem against U.S. technology and streaming giants, Chief Executive Marco Giordani said on Thursday. ProSiebenSat.1 said in July that it had partnered with public broadcaster ZDF to integrate its on-demand content into the group's Joyn streaming platform, allowing viewers to access ZDF programmes without leaving the platform. "We are working also on other partnerships," Giordani said on a post-earnings call, adding that the group would like to see a collaboration with
ProSiebenSat.1 Media (ETR:PSM) reported lower revenue but sharply improved profitability in the second quarter and first half of 2026, as cost reductions, portfolio simplification and changes in programming amortization offset continued weakness in TV advertising. CEO Marco Giordani said the compan
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