Germany’s Constantin Medien Confirms Forecast, Pushes Digital

Constantin's new Sport1 digital radio service will carry live broadcasts of all matches in Germany's Bundesliga.

The television and film group expects sales of up to $623 million for 2013.

BERLIN – German film and TV group Constantin Medien has confirmed its forecasts for the year, saying growth, particularly in its digital operations, will ensure it hits its sales target of between $571 million and $623 million (€440 million and €480 million) in 2013.

Company CEO Bernhard Burgener said the Munich-based group was in the middle of a digital transformation that would impact all aspects of its business. He highlighted the success of Sport1, Constantin’s all-sports channel, which two years ago launched a digital pay TV operation, Sport1+, and now boasts some 1.8 million subscribers.

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The division’s mobile operation, Sport1.de, has recorded 2.9 million unique downloads for mobile phones and tablets, while Sport1’s social media sites have a total of 800,000 fans and followers across Facebook, Twitter and Google+, Burgener said.

Constantin announced it will launch a digital radio channel under the Sport1 brand, Sport1.fm, on July 19. The round-the-clock channel, which will stream gratis online, on WLAN radios and be available as a smartphone and tablet app, will carry the live broadcasts of all 612 season matches of the German first- and second-division soccer league, the Bundesliga, live reporting from international soccer tournaments, and coverage of Germany’s professional handball and basketball leagues.

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