Friday, January 19, 2018
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RTL Group Buys United Screens for $14.9 Million


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RTL Group has acquired United Screens, the leading multiplatform network (MPN) in the Nordic countries, for SEK 120 million ($14.9 million).

United Screens, which was established in late 2013, features a hand-picked selection from many of the best video creators in the Nordics and an award-winning sales team. United Screens generates more than 500 million video views a month on YouTube and represents hundreds of influencers in music, lifestyle and entertainment across all social media platforms. The acquisition complements RTL Group’s existing MPN portfolio, which includes Los Angeles-based StyleHaul, Berlin-based Divimove and Vancouver-based BroadbandTV.

The purchase agreement provides for a price of SEK 120 million ($14.9 million) on a debt and cash-free basis subject to usual post-closing adjustments. Additionally, RTL Group plans to invest SEK 25 million ($3.04 million) to fund the company’s growth plan across the Nordic region.



About Kristin Brzoznowski

Kristin Brzoznowski is the executive editor of World Screen. She can be reached at kbrzoznowski@worldscreen.com.

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