Tag: RTL Group

Revenues at the RTL Group were down 9 percent in the first quarter to €1.4 billion ($1.5 billion), largely due to a challenging advertising market.

For the first nine months of the year, revenues at RTL Group rose by 12 percent to €5 billion, driven largely by gains at Fremantle as well as a boost in streaming subs.

RTL Group has decided to keep its controlling stake in Groupe M6, after having received "several financially attractive offers" for the 48.3 percent shareholding.

RTL Group is reorganizing the management board of RTL Deutschland, which sees Thomas Rabe taking over as chairman and Stephan Schäfer stepping down.

Revenues for the first half of the year at RTL Group rose by 8.7 percent to €3.3 billion ($3.4 billion), a new record for the company, but profit dropped to €304 million ($314 million) and the company has revised its 2022 outlook due to the “challenging macroeconomic environment.”

RTL Group CEO Thomas Rabe talks about the company’s work with advertisers, Fremantle’s content offering and the business opportunities that have arisen from increased viewing during the pandemic.

On revenues that were up 10.3 percent to €6.6 billion ($7.3 billion), RTL Group posted a record full-year profit of €1.5 billion ($1.6 billion), with gains across advertising, streaming and Fremantle.

RTL Group has reached an agreement with Central European Media Enterprises (CME) for the sale of RTL Croatia.

With a rebound in ad revenues, a bump in streaming revenues and gains at Fremantle, third-quarter revenues at RTL Group were up 4 percent to €1.45 billion.

RTL Group has sealed a deal to sell RTL Belgium to DPG Media and Groupe Rossel for €250 million ($298 million).