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Ad Rebound at German TV Group ProSiebenSat.1

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hollywoodreporter.com

In a rare bit of good news for the coronavirus-hit commercial television business, German TV giant ProSiebenSat.1 posted third-quarter figures Thursday that show ad revenue bouncing back.

Revenues at the group, which operates national commercial channels Pro7, Sat.1, Kabel 1, and Sixx, hit $1.08 billion (€921 million) for the three months from July – September 2020, down just 1 percent from the $1.09 billion (€926 million) the company earned over the same period last year, before the coronavirus pandemic.

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