The Dutch competition authority ACM has informed RTL Group and Talpa Network that it will not approve the proposed merger of RTL Nederland and Talpa Network.
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RTL Group Chairman Thomas Rabe has been tapped as CEO of the company following news that Bert Habets has stepped down for personal reasons.
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The RTL Group’s CEO says he is confident in the group’s strengths: its financial health, its market-leading channels and nonlinear extensions, its capacity to create compelling content and its growing portfolio of digital businesses.
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Sean Atkins, who formerly served as president of MTV, has been appointed as the new CEO of StyleHaul, one of RTL Group’s multiplatform networks.
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RTL Group has become the largest investor in the Series A financing round of Inception, specialized in virtual reality entertainment, and will hold a 15-percent stake in the company.
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LUXEMBOURG: RTL Group has decided not to exercise its option to acquire the remaining 49-percent shareholding in BroadbandTV, but rather will explore "all strategic alternatives" for the internet video company.
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LUXEMBOURG: Andreas Fischer has been appointed as RTL Group’s new senior VP of business development and regional operations for CEE and Asia, succeeding Andreas Rudas.
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