{"id":7647,"date":"2017-05-11T10:53:35","date_gmt":"2017-05-11T14:53:35","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/rtl-group-revenue-down-in-absence-of-american-idol\/"},"modified":"2017-05-11T13:55:55","modified_gmt":"2017-05-11T17:55:55","slug":"rtl-group-revenue-down-in-absence-of-american-idol","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2017\/05\/11\/rtl-group-revenue-down-in-absence-of-american-idol\/","title":{"rendered":"RTL Group Revenue Down in Absence of American Idol"},"content":{"rendered":"<p>RTL Group&#8217;s Q1 revenue was down 1.9 percent to \u20ac1.4 billion ($1.5 billion), solely due to the absence of <em>American Idol<\/em>, which more than offset higher revenue from Mediengruppe RTL Deutschland, Groupe M6 and the growing digital business.<\/p>\n<p>Adjusted for the <em>American Idol<\/em> effect, RTL Group grew by around 4 percent, in line with the full-year guidance. EBITDA was down by 8.3 percent to \u20ac264 million ($287 million), mainly based on lower profit contributions from the football club Girondins de Bordeaux and FremantleMedia. Despite the decrease, this was the second-highest Q1 EBITDA in RTL Group\u2019s history. Net profit attributable to RTL Group shareholders was flat at \u20ac137 million ($149 million), thanks to a gain of \u20ac14 million ($15 million) from a remeasurement of the fair value of RTL Group\u2019s 75.5 percent interest in the multiplatform network Divimove.<\/p>\n<p>Mediengruppe RTL Deutschland\u2019s EBITDA was stable at \u20ac168 million ($183 million). At Groupe M6, EBITDA decreased to \u20ac76 million ($83 million), compared to \u20ac90 million ($98 million) in the year-ago period, reflecting lower EBITDA contributions from SND and the football club Girondins de Bordeaux, partly compensated by higher TV advertising.<\/p>\n<p>FremantleMedia\u2019s EBITDA decreased to \u20ac13 million ($14 million), compared to Q1 2016&#8217;s \u20ac19 million ($20.7 million), mainly due to phasing effects and the absence of <em>American Idol<\/em>. RTL Nederland\u2019s EBITDA was down to \u20ac1 million ($1.08 million) from the year ago&#8217;s \u20ac3 million ($3.3 million), mainly due to lower TV advertising sales. RTL Group\u2019s digital revenue continued to show dynamic growth, up 48.3 percent to \u20ac178 million ($194 million).<\/p>\n<p>Bert Habets and Guillaume de Posch, co-CEOs of RTL Group, said: \u201cFollowing the exceptionally strong first quarter 2016 with an early Easter, we have returned to regular business in the first quarter of 2017. Nonetheless, our profitability remains on a high level and we will continue to significantly invest in digital and content.<\/p>\n<p>\u201cAs stated in prior years, the first quarter is not necessarily an indicator for the full year. This is especially true for FremantleMedia. We can only emphasize once more that the content business cannot be managed on a quarterly basis. The launch of <em>American Gods<\/em> on the U.S. pay-TV channel Starz and on Amazon Prime Video in more than 200 territories will have a positive impact on FremantleMedia\u2019s revenue in Q2. RTL Group maintains its outlook for the full year 2017 and expects total group revenue to increase moderately and EBITDA to be broadly stable.\u201d<\/p>\n<p>\u201cWe are excited about the launch of <em>American Gods<\/em>, which is one of FremantleMedia\u2019s signature productions in 2017 and the second major project coming out of the company\u2019s push into drama, following <em>The Young Pope<\/em> in 2016. Looking at the show\u2019s exceptional audience shares on Starz and great praise from fans and critics alike, FremantleMedia once more created must-see television. Just a few days ago, they announced that <em>American Idol<\/em>, one of the most iconic shows in TV history, will come back on the U.S. network ABC. Both are proof of what we have said before: exclusive content is the power engine for everything we do in the total video universe.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RTL Group&#8217;s Q1 revenue was down 1.9 percent to \u20ac1.4 billion ($1.5 billion), solely due to the absence of American Idol, which more than offset higher revenue from Mediengruppe RTL Deutschland, Groupe M6 and the growing digital business.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[153],"class_list":["post-7647","post","type-post","status-publish","format-standard","","category-top-stories","tag-rtl-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RTL Group Revenue Down in Absence of American Idol - TVEUROPE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2017\/05\/11\/rtl-group-revenue-down-in-absence-of-american-idol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RTL Group Revenue Down in Absence of American Idol - 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