ProSiebenSat.1 seeks closer German media ties to counter U.S. streaming giants

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German broadcaster ProSiebenSat.1 is seeking closer ties with domestic media groups to defend Germany's media ecosystem against U.S. streaming giants, its CEO said Thursday. The company partnered with public broadcaster ZDF to integrate on-demand content into its Joyn platform and wants collaboration with ARD. It beat second-quarter core profit expectations thanks to cost cuts despite a sharp revenue decline. Owner MFE, controlled by Italy's Berlusconi family, plans a pan-European streaming platform across six markets, launching in Q2 2027. European rivals are consolidating; RTL completed Sky Deutschland acquisition in July.


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ProSiebenSat.1 seeks closer German media ties to counter U.S. streaming giants | News Minimalist