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    ProSiebenSat.1 Media SE (PSM.DE)

    45.29 Up 0.61(1.35%) 11:35AM EDT
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    ProSiebenSat.1 Media SE

    Business Summary 

    ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company’s Broadcasting German-speaking segment operates 7 TV programs, and 12 advertising or program windows in Germany, Austria and Switzerland. This segment also operates three pay TV channels comprising SAT.1 emotions, ProSieben FUN, and kabel eins CLASSICS, as well as ProSieben, kabel eins, SAT.1, sixx, SAT.1 Gold, and ProSieben MAXX channels. ProSiebenSat.1 Media SE’s Digital & Adjacent segment operates MyVideo, an online portal, as well as offerings from third parties; wetter.com, a weather site; maxdome, a video-on-demand portal, as well as Studio71, which develops Web-only content; Discavo, a hotel price-comparison site; Valmano, an online jewelry store; 7TV App, an online media library; and Travado, a platform for short trips and adventure travel, as well as offers online games. It also operates billiger-mietwagen.de, a Website for comparing rental cars; mydays.de, an event present Website; weg.de and ferien.de that are travel Websites; tropo.de; Amorelie, an online lifestyle shop for love lives; Flaconi, an online store for perfume, make-up, and cosmetics; Gymondo, an online fitness site; moebel.de, a site for furniture, interior design, and living; and Preis24.de, a platform for mobile communications tariffs and smartphones. In addition, this segment operates Verivox, an independent consumer portal for energy; offers Der ProSiebenSat.1 Accelertoris, a funding program for start-ups; provides AMPYA, which provides online music videos, news, and reports from music scene, as well as concert events; and holds investments in enterprises. Further, it is involved in the music and live entertainment activities, events, ticketing, and artist management. The company’s Content Production & Global Sales segment engages in the international program production and distribution business. The company was founded in 1984 and is headquartered in Unterföhring, Germany.

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