ProSiebenSat.1 Plans to Boost Entertainment Investments and Eyeing Acquisitions to Bolster Streaming Service Joyn
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German media group ProSiebenSat.1 is to double down on entertainment investments and is eyeing acquisitions, as it puts streaming service Joyn at the center of its business.
ProSieben’s Strategic Focus Going Forward in the Face of Tech Challenges
A statement released this morning outlined ProSieben’s strategic focus going forwards to address “tech challenges of the market environment and the changing media landscape,” with acquisitions playing a core part in the plan.
ProSiebenSat.1 Entertainment: Sole Owner of Streaming Service Joyn
ProSieben’s Entertainment division operates a number of terrestrial networks, which play shows such as The Masked Singer Germany and Next Top Model, and is now the sole owner of streaming service Joyn. It also operates Dating & Video and Commerce & Ventures arms.
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