ProSiebenSat.1 Ad Sales Dented By Weak TV Market & Rivals’ World Cup Rights

ProSiebenSat.1 revenue slipped 9% in the first half with the German broadcaster blaming disposals, a declining TV advertising market and the fact that its competitors had the rights to the soccer World Cup. It did, however, post an EBITDA profit in the period amid cost cuts and reorganization. The Group revenue figure was €1.5BN ($1.73BN),…