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Naman Ramachandran
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Courtesy of ProSiebenSat.1 ProSiebenSat.1, the German media group controlled by the Berlusconi family’s MFE-MediaForEurope, sharply grew its earnings in the first nine months of 2026 even as revenue fell 11%, with cost cuts more than making up for a weak TV advertising market and the impact of company sales.
Revenue for January through September came to €2.24 billion ($2.48 billion), down €271 million on the same period last year. Stripping out currency swings and portfolio changes, the drop narrowed to 3%. EBITDA climbed to €198 million ($219 million) from €39 million, while EBIT turned positive at €73 million ($81 million), a €180 million improvement.
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