Financial Situation Stabilizes For ProSiebenSat.1 With German-Speaking Ad Market Beginning Recovery In Q3

Financial Situation Stabilizes For ProSiebenSat.1 With German-Speaking Ad Market Beginning Recovery In Q3

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Germany’s ProSiebenSat.1 has seen its financial picture stabilizing as the local TV advertising market began to show signs of recovery. The commercial TV giant, which has faced a tough 2023, posted third quarter revenue of €888M and adjusted EBITDA of €110M. This was very close to the €911M and…

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