Parship's Parents Company ProSieben Wants To Double Its Market Value In 5 Years

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Parship's Parents Company ProSieben Wants To Double Its Market Value In 5 Years

REUTERS - Oct 14 - The CEO of ProSiebenSat.1 Media wants to double the market value of the German broadcaster in the next three to five years. Max Conze said he sees ProSieben's portfolio of Internet investments in companies such as online dating agency Parship or online beauty retailer Flaconi as the main lever for a higher market capitalisation. "That was nothing five years ago, today it is worth 2B euros ($2.31B) and should double in five years," he said.