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German Television, Streaming Group ProSiebenSat.1 Sees Revenues Fall by 7%, but Ramps Up Spending on Local Shows

ProSiebenSat.1 Group, which owns one of Germany’s leading broadcasters and one of its top streaming platforms, continues to feel the effects of a “challenging” economic environment, but, nevertheless, has pledged to ramp up investment in local shows. On Thursday, the group reported revenues of Euros 3.85 billion ($4.2 billion) in the 2023 financial year, down […]

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