Last month, Margot Robbie let it slip that her planned female-led “Pirates Of The Caribbean” movie is dead in the water. But according to Jerry Bruckheimer, the man behind the profitable Disney franchise, that may not be the case.
15.11.2022 - 11:39 / deadline.com
German broadcasting powerhouse ProSiebenSat.1 Media has posted third quarter group revenues of €921M ($955.7M), a drop of 13%. Profits also fell from EUR162M in the same three months last year to €118M, and adjusted net income was €43M.
In a “very challenging market environment,” the Unterföhring-based company noted its nine-month group revenues were “almost stable” at €2.93BN and said its cash flow management had been “effective,” with net financial debt falling €372 to €1.74BN. The results also included a non-cash impairment of EUR312M of its NuCom Group and organic group revenues were down 9%.
The news comes soon after ProSiebenSat.1 reorganized its international production and distirbution companies under new arm Seven.One Studios. That followed the sale of its Red Arrow Studios U.S. production assets to Peter Chernin’s The North Road Company and the move to take over Warner Bros Discovery’s shares in streamer Joyn, which is moving to “center stage in the group’s digital entertainment presence.”
ProSiebenSat.1’s entertainment segment declined 15% to €621M. Red Arrow’s U.S. division and film distributor Gravitas Ventures, which was sold off in November 2021, had contributed €54M and €9M respectively in the previous year, when revenues were €728M.
In German-speaking regions, advertising downturn impacts were down 10% to €430M. Even so, rumors have emerged this month that the company is keen to acquire Sky’s German TV operation.
ProSiebenSat.1 predicted it would make full-year revenues of about €4.15BN and EBITDA of around €650M.
However, it said “persistently high inflation and increasing consumer restraint” in Germany, Austria and Switzerland had “significantly influenced” the revenues it posted, with the
Last month, Margot Robbie let it slip that her planned female-led “Pirates Of The Caribbean” movie is dead in the water. But according to Jerry Bruckheimer, the man behind the profitable Disney franchise, that may not be the case.
Figures shared by the Department for Work and Pensions (DWP) show that in February there were 22 million people across the UK claiming at least one benefit. That number includes nearly 12.5 million older people now in receipt of State Pension payments, a contributory benefit only available to those of retirement age with at least 10 years’ worth of National Insurance Contributions.
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[Warning: Potentially Triggering Content]
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Hardly any other movie of the past decade is as big, bawdy, and debaucherous as Martin Scorsese‘s “The Wolf Of Wall Street.” And Margot Robbie would know. Scorsese’s bananas banking biopic was the Australian actress’ stateside breakout.
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UK broadcaster ITV saw its revenues reach £2.52BN ($2.89BN) for the first nine months of this year, up 6%.
Germany’s ProSiebenSat.1 is bringing together its international production and distribution subsidiaries under a new imprint, Seven.One Studios.
The latest figures shared by the Department for Work and Pensions (DWP) show that in February there were 22 million people across the UK claiming at least one benefit. That number includes nearly 12.5 million older people now in receipt of State Pension payments, a contributory benefit only available to those of retirement age with at least 10 years’ worth of National Insurance Contributions.
The Department for Work and Pensions (DWP) has rejected a proposal from Labour to make the £324 means-tested cost of living payment available to households that are receiving State Pension, but are not eligible for Pension Credit.