TITLE

ProSieben holds line on asset sales, U.S. programming

AUTHOR(S)
Roxborough, Scott
PUB. DATE
March 2009
SOURCE
Hollywood Reporter;3/5/2009, Vol. 408 Issue 42, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the European broadcaster ProSiebenSat.1 has announced that it will not sell off assets or cut its acquisitions budget for U.S. programming despite sour 2008 figures. The company posted a net loss of $162 million and 5.7% decline in consolidated revenue to $3.8 billion. Andreas Bartl, head of ProSieben's main over-the-air German TV division said that the company has no plans to sell off assets and neither the group is looking to drop its struggling call-in channel 9Live.
ACCESSION #
37243812

 

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