PRESS RELEASE – A Parship study of over 1,000 Germans reveals that sustainability is a growing source of tension in relationships. While 82% of couples agree on basic eco-habits, 37% say they'd end a relationship if their partner pushed too hard for a sustainable lifestyle, rising to 46% among Gen Z. One in five couples have already argued about sustainability, and 30% wish their partner were more environmentally conscious. Younger people, especially 18–29-year-olds, are the most affected, showing both the highest expectations and the highest conflict rates around green living.
Category: Parship
Parship Study: Loneliness Affects Both Singles and Couples, Regardless of Relationship Status
PARSHIP – The Parship Loneliness Index reveals that 23% of singles feel somewhat or extremely lonely, compared to just 12% of people in relationships. Additionally, 30% of partnered individuals report feeling lonely at times, even when their partner is present. Experts stress that loneliness is not just about relationship status but also the quality of social connections. For those who are extremely lonely, 64% of singles believe a relationship would reduce their loneliness. Eric Hegmann, a relationship therapist, advises couples to maintain strong social networks to avoid loneliness within relationships, while Stella Schultner encourages singles to build fulfilling lives through friendships and self-love rather than relying solely on a relationship for happiness.
ProSiebenSat.1 & ParshipMeet Group Q2 Financial Results
PRESS RELEASE – ProSiebenSat.1 reported a solid 5% year-over-year revenue growth for Q2, reaching EUR 907M. The company is a significant player in European media, operating a variety of TV channels and digital platforms. Its Dating & Video segment, ParshipMeet Group, includes well-known dating platforms Parship, ElitePartner, eHarmony, and MeetMe. Despite the overall strong performance, this segment encountered some challenges, with revenues slightly declining by 9% to EUR 98M in Q2, including a 13% decrease in the Dating business and a 4% drop in Video revenues, largely due to a competitive market environment.
Financial and Partner Issues Prevent Many Germans From Having Children, Parship Study Finds
PARSHIP – A Parship study reveals that despite wanting children, many Germans remain childless for several reasons:
- Financial reasons: 20% forego having children due to costs.
- Lack of suitable partners: 40% of men and 24% of women cite this issue.
- Career concerns: 11% of women and 8% of men worry about career setbacks.
- Timing: 56% say it wasn't the right time, especially among Generation Z (76%).
Additional factors include biological hurdles and partners' lack of desire for children (5% each).
Parship Study: 450K Austrians Wed Thanks to Online Dating
OTS.AT – A recent study by Parship.at reveals that 2.3M Austrians have fallen in love with someone they met online. Over 20 years, 35% of Austrian couples now meet online. The study shows that 1.5M moved in with an online date, 450K got married, and 350K children were born to these couples. Nearly half of Austrians have dated someone they met online, with 40% moving in together, 17% getting married, and 15% having children.
ParshipMeet Group Q1 Financial Update
OPW – The ParshipMeet Group reports a 9% decrease in revenues for the Dating & Video segment, totaling EUR 107M, down from EUR 117M in the Q1 2023. Specifically, revenues in the Dating unit fell by 12%, influenced by intense market competition and the ongoing impact of Germany's Fair Consumer Contracts Act, which significantly affects the subscription models of Parship and ElitePartner. Additionally, revenues in the Video unit decreased by 4%, also due to a highly competitive environment.
Parship and Viva con Agua Collaborate for “Water Is a Human Right” Campaign
Parship Survey: AI and Online Dating
PRESS RELEASE – A study by Parship reveals attitudes towards AI in online dating among Germans. Key findings include:
- 76% of singles reject AI in online dating, valuing real human interactions.
- 78% prefer personal messages over chatbot-generated responses.
- 31% of men and 21% of women are open to AI assistance in composing messages.
- 57% of all respondents prefer a psychological personality test to AI in matchmaking.
- 53% believe AI will inevitably influence future partner search, with 57% of men more convinced than 49% of women.
Among Gen Z (18-29 years), 62% favor personality tests over AI, and 80% reject chatbots, preferring personal communication. The study reflects skepticism towards AI in dating but acknowledges its potential role in the future.
ProSiebenSat.1 Ends 2023 With Strong Fourth Quarter and Expects Revenue Growth in 2024
PROSIEBENSAT1 – ProSiebenSat.1 Group's dating business faced challenges in 2023, with a 16% revenue decline to 434M Eur. This was influenced by competitive market conditions and legal changes affecting subscription models. In 2022, the Fair Consumer Contracts Act came into force in Germany, which particularly affects the subscription on Parship and ElitePartner. Despite this, the company aims to strengthen profitability and reduce debt, focusing on investing more in local content. For 2024, they anticipate a slight revenue increase, with a stable EBITDA.
ProSiebenSat.1 Q3 Financial Results
PROSIEBENSAT1 – The Q3 2023 results presentation by ProSiebenSat.1 outlines various operational updates, financials, and outlooks for the company. Key highlights included:
- The Group's Q3 revenue decreased 3% YOY to EUR 888M.
- Adjusted net income declined by 41% in Q3 YOY. The decline in the Group's Q3 revenue is attributed to several factors such as challenging macroeconomic environment and decrease in advertising revenue.
- In Q3 2023, the Dating & Video segment experienced a decline in both revenues and adjusted EBITDA. The Dating revenue was Eur 62M, down 12% YOY. As of Mar 2022, subscription businesses of Parship and ElitePartner had been affected by fair consumer contract regulations in Germany, negatively impacting the dating revenues since Q3 2022, with major effect from Q2 2023 onwards.