Pro Sieben Sat 1 – Business is going well – Economy

The Pro Sieben Sat 1 television group achieved record advertising revenue and therefore slightly increased its forecast for the current year. Board spokesperson Rainer Beaujean said: “We had the highest advertising revenue and the highest sales in the third quarter.” He promised shareholders a higher dividend. Adjusted consolidated net income should now be “significantly” higher than the previous year by 221 million euros. According to Business Insider, Silvio Berlusconi, former Italian Prime Minister and only majority shareholder of Pro Sieben Sat 1 with nearly 24% of the shares, is dissatisfied with Beaujean: Berlusconi does not want to extend the broadcaster’s contract, which expires in June, and three positions on the supervisory board.

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