ProSieben Q2 revenues ahead 4% as growth areas offset TV ad slide [Reuters]
PROSIEBENSAT1 MEDIA U/ADR (PBSFY)
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Source: Reuters
ProSieben Q2 revenues ahead 4% as growth areas offset TV ad slide - Reuters 1 Min Read FRANKFURT, Aug 7 (Reuters) - German broadcaster ProSiebenSat 1 Media reported a 4% rise in second-quarter revenue as growth at its content and e-commerce divisions offset a slide in advertising at its core TV franchise. ProSieben said adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 18%, as expected, as it invested in new productions to freshen its slate of local programming. (Reporting by Douglas Busvine Editing by Michelle Martin) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. ProSieben Q2 revenues ahead 4% as growth areas offset TV ad slide FRANKFURT, Aug 7 (Reuters) - German broadcaster ProSiebenSat 1 Media reported a 4% rise in second-quarter revenue as growth at its content and e-commerce divisions offset a slide in advertising at its core TV franchise. P
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