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German media company ProSiebenSat.1 Media SE reported on Thursday that its loss for the full year 2023 widened compared to 2022. Revenue also declined for the year. Further the company provided its outlook for fiscal 2024. The yearly loss widened to €134 million ($146 million) from €49 million in the last year. Excluding items, it reported profit that decreased to €225 million from €301 million in the previous year. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) declined to €578 million from €678 million in the prior year. Group revenue reduced 7% to €3.85 bil…

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