Careers at ProSiebenSat1 Media
ProSiebenSat.1 Media aims to produce and distribute quality programming, provide effective advertising solutions, and operate broadcast and digital programming networks.
ProSiebenSat.1 Media’s operations are divided into three business segments:
- Broadcasting German-Speaking, comprising the Company’s broadcast television services and network of high definition and standard television channels;
- Digital and Adjacent, comprising the distribution of digital media and entertainment content, provision of video marketing services, and management of e-commerce businesses; and
- Content Production and Global Sales, comprising the development, production and marketing of television programming content.
ProSiebenSat.1 Media traces its history back to the establishment of cable network PKS in Germany. The Company was rebranded a year later to Sat1 to emphasise the fact that it was the country’s first television channel to be transmitted via satellite. Over the proceeding years, the Company expanded its broadcasting network and began producing original content, including ‘Justitias kleine Fische’, the first television series produced in-house by a private German broadcaster.
Throughout the 1980s and 1990s ProSiebenSat.1 Media continued to diversify its interests, adding various production and distribution operations to its portfolio, and creating an online presence through the establishment of the Sat1 website. In 2001 ProSiebenSat.1 Media agreed to merge with KirchMedia. The merger, however, did not go ahead as planned, due to KirchMedia’s financial difficulties. Instead, Saban Capital acquired KirchMedia and became a majority shareholder in ProSiebenSat.1 Media. Saban Capital was replaced as majority shareholder in 2006 by KKR and Permira.
Today, ProSiebenSat.1 Media is one of the largest content distributors in the world. It operates a range of broadcast television channels and on-demand platforms, and provides a suite of advertising and marketing solutions. The Company’s shares are traded on the Börse Frankfurt. The Company currently has a market capitalisation of €8.87 billion.
Business model of ProSiebenSat1 Media
ProSiebenSat.1 Media provides a range of services that are targeted at different customer segments.
- Cable network, satellite, IPTV operators, television corporations and digital media platforms, to which the Company distributes and licenses original programming content;
- advertising agencies, commercial organisations, and brand marketers, to which the Company provides traditional television advertising, digital marketing and video marketing solutions; and
- general consumers, to which the Company provides pay-per-view and subscription media services and e-commerce products.
ProSiebenSat.1 Media’s broadcast operations primarily serve customers across German-speaking Europe, notably Germany, Austria and Switzerland, with the Company’s native Germany representing its largest market. The Company’s other services are largely targeted at the US and UK markets.
ProSiebenSat.1 Media provides value to its customers through the quality of its original content, its range of advertising and marketing solutions and large audience, and its broad distribution network.
ProSiebenSat.1 Media operates a website at www.ProSiebenSat1.de, where customers are able to find information on the Company’s products and services. The Company also operates video streaming and on-demand services through its www.prosieben.de and www.maxdome.de domains.
Across its core broadcast markets in German-speaking Europe, the Company operates several free-to-view television channels, including SAT.1, ProSieben, Kabel Eins, Sixx, SAT.1 Gold and ProSieben MAXX. The Company aims to have a global reach. To this end it acquired US-based multi-channel network CDS in 2015, which it merged with its own Studio71 multi-channel network.
Additionally, ProSiebenSat.1 Media operates its own international sales and distribution teams, through its dedicated sales arm SevenOne Media and SevenOne Adfactory, and operates 15 production companies across six countries. The Company also has a number of external distribution partnerships in place as a means of extending its sales reach.
ProSiebenSat.1 Media’s customers are able to access the Company’s consumer-focused products – namely its programming content and online platform – on a largely self-service basis. Customers are able to view the Company’s broadcast channels free of charge, can register for subscription services autonomously online and can manage pay-per-view services on an independent basis.
The Company’s advertising, marketing and distribution services, however, require a greater degree of personal care. ProSiebenSat.1 Media aims to provide a bespoke, personalised service to its advertising customers, with a focus on comprehensive and tailored customer consultation, as well as marketing and market research findings, and enters into long-term extended licence agreements with many of its content providers. These agreements are principally established through direct contact with ProSiebenSat.1 Media sales representatives.
ProSiebenSat.1 Media publishes a range of news content on its website, including press releases and corporate news articles, and maintains a strong social media presence through its Facebook, Twitter, Google+ and LinkedIn accounts, through which it is able to interact directly with customers and consumers.
ProSiebenSat.1 Media is a Germany-based media and broadcasting company. It is the parent company of the ProSiebenSat.1 Media.1 Group, which includes subsidiaries such as ProSiebenSat.1 TV Germany GmbH, SevenOne Brands GmbH, SevenOne Media GmbH, Seven One AdFactory GmbH.
ProSiebenSat.1 Media has three business segments, including the Broadcasting German-Speaking segment, the Digital and Adjacent segment, and the Content Production and Global Sales segment. The Broadcasting German-Speaking segment comprises the Company’s advertising-financed free television services – including broadcast television stations across Germany, Austria and Switzerland – functions as its core business. The Digital and Adjacent segment groups together online video streaming, online games, e-commerce, and music activities. The Content Production and Global Sales segment covers the Company’s international program production and distribution business.
ProSiebenSat.1 Media’s diverse portfolio of services requires that it collaborate with a broad range of partners. These partners can be divided into the following groups:
- content partners, comprising independent digital media content creators, television producers, film studios and broadcast networks;
- distribution partners, including online distribution platforms and television program distributors;
- advertising and marketing partners, comprising media agencies and marketing companies that act as intermediaries in the Company’s advertising business; and
- production partners, which collaborate with ProSiebenSat.1 Media on the creation of original content.
ProSiebenSat.1 Media has partnerships with European independent content creators LeFloid, MissesVlog and Michael Buchinger, as well as long-term agreements with major US studios Walt Disney, Universal Warner Brothers, Paramount, CBS, and Fox. The Company has also recently entered into partnerships with distribution platforms Couchfunk and Zattoo, TV Spiel lm and Unitymedia.
ProSiebenSat.1 Media’s key resources are its original programming content, its online streaming platforms, its proprietary broadcast networks, its external distribution network, its partners – in particular its advertising and marketing partners, and its personnel.
ProSiebenSat.1 Media incurs costs in relation to the production of its original programming content, the retention of its personnel, the maintenance and management of its IT infrastructure and online platforms, and the licensing of third party programming content. The Company also accrues significant marketing and advertising costs, as well as costs associated with market research activities for its advertising customers.
ProSiebenSat.1 Media employs more than 4,800 members of staff worldwide, representing costs in the form of salaries and benefits. In 2015 personnel expenses amounted to approximately €477.3 million. Additionally, the Company operates a number of sales and administrative offices across its operating regions, amounting to costs in the form of rent and utilities.
ProSiebenSat.1 Media has a variety of revenue streams, organised across its three operating divisions:
- Broadcasting German-Speaking, which generates revenue through the provision of advertising and marketing solutions, functioning as the Company’s main source of revenue;
- Digital and Adjacent, which generates revenue through the provision of electronic services such as video marketing and subscription and pay-per-view on-demand solutions, notably its Maxdome service, as well as other e-commerce operations; and
- Content Production and Global Sales, which generates revenue through the production and distribution of television content and collection of technical service fees.
In 2015 ProSiebenSat.1 Media generated annual revenue of €3.26 billion, up 14% on the revenue recorded in 2014. The Company’s traditional television advertising solutions accounted for just over 60% of the Company’s total annual revenue. ProSiebenSat.1 Media’s Digital and Adjacent segment accounted for 26% of annual revenue, with remaining revenue attributed to the Company’s Content Production and Global Sales segment.
info: Thomas has served as Chief Executive Officer of ProSiebenSat.1 Media since 2009. He is also an Industrial Partner at Rantum Capital Management. Ebeling has held a number of senior roles at high-profile companies. He began his career in 1987, when he joined Reemtsma as a product manager, responsible for the Company’s “West“ brand. He joined the Pepsi-Cola Company in 1991, where he pursued a career in marketing, initially as a marketing manager and later as National Sales and Franchise Director for Pepsi's retail and on-premise sales, and Director of Marketing. In 1997, Ebeling joined Novartis where he held a number of executive roles over more than ten years. This included spells as Head of Pharmaceuticals, Chief Executive Officer of Novartis Pharma, and Chief Executive Officer of Novartis Consumer Health. Ebeling holds a Master’s degree in Psychology from the University of Hamburg, Hamburg, Germany.
info: Gunnar has served as ProSiebenSat.1 Media’s Chief Financial Officer since 2015, having previously served for a year as the Company’s Deputy Chief Financial Officer. He first joined ProSiebenSat.1 Media in 2009 as a senior project manager, and has gone on to hold several senior leadership roles before assuming his current position. This includes spells as Deputy Group Controller, National Chief Financial Officer and Chief Group Controller. Prior to joining ProSiebenSat.1 Media, Wiedenfels worked as an engagement manager at McKinsey and Company from 2004 to 2009.
info: Ralph has served as ProSiebenSat.1 Media’s Chief Strategy and Investment Officer since 2015, having previously served as the Company’s Chief Investment Officer. Schremper first joined the Company in 2010 as its Executive Vice President of Group Controlling and Strategic Planning/Mergers and Acquisitions. He has gone on to hold a number of positions within the group, including Group Director of Finance at Red Arrow Entertainment and Chief Financial Officer of the Company’s Digital and Adjacent segment. Prior to joining ProSiebenSat.1 Media, Schremper held several positions at Bertelsmann, including Executive Vice President of Corporate Development, before joining Scoyo as Managing Director. Schremper holds a bachelor’s degree in Business Administration and Economics from Ruhr University Bochum and a master’s degree in Business Administration from the University of Cologne.
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