ProSieben shareholders take lead role in European TV drama [Reuters]
PROSIEBENSAT1 MEDIA U/ADR (PBSFY)
NASDAQ:AMEX Investor Relations:
prosiebensat1.com/en/contact/investor-relations
Company Research
Source: Reuters
changes at the German media group, including a proposal to part ways with its digital businesses. MFE, the commercial broadcaster controlled by Italy's Berlusconi family, holds nearly 30% of ProSieben and has asked other investors for a split of e-commerce and online dating ventures from TV operations at the German group. That meshes with MFE's strategy to build an advertising-funded European broadcast champion to counter the might of U.S. streaming giants such as Netflix and the flight of advertising investment to the likes of Meta MFE, which already runs TV operations in Italy and Spain, has indicated it for ProSieben only after it sheds its non-core businesses. The spin-off proposal requires a 75% majority to pass, meaning MFE would likely need the support of Czech investment group PPF, which holds more than 15% of ProSieben. It is unclear whether PPF, which owns private TV stations across six Eastern European countries, supports MFE's revamp plans. Both investors have
Show less
Read more
Impact Snapshot
Event Time:
PBSFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBSFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBSFY alerts
High impacting PROSIEBENSAT1 MEDIA U/ADR news events
Weekly update
A roundup of the hottest topics
PBSFY
News
- German Television, Streaming Group ProSiebenSat.1 Sees Revenues, Profits Soar in First Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Shareholders in German mass media firm ProSiebenSat.1 reject split [Yahoo! Finance]Yahoo! Finance
- ProSieben starts sale process for e-commerce assets ahead of MFE showdown [Reuters]Reuters
- ProSiebenSat.1 Prepares Verivox, Flaconi Sale Amid Mediaset Pressure [Financial Post (Toronto, Ontario, Canada)]Financial Post
- ProSiebenSat.1 Prepares Verivox, Flaconi Sale Amid Mediaset Pressure [BNN Bloomberg (Canada)]BNN Bloomberg