RTL Group posted a revenue increase of 2.7 percent for the first nine months of 2018 to reach \u20ac4.47 billion ($5.1 billion), while net profit attributable to RTL Group shareholders was down year on year to \u20ac424 million ($483 million).<\/p>\n
Bert Habets, CEO of RTL Group, said: \u201cIn the first nine months of 2018, RTL Group once again demonstrated its position of strength\u2014even in challenging market conditions. This is thanks to our broad international footprint and well-diversified revenue mix. Our main goal is to grow organically across our portfolio while maintaining attractive shareholder returns.<\/p>\n
\u201cThe mixed developments of the European TV advertising markets show that we are on the right track with our clear focus on two growth areas: building and expanding our non-linear streaming platforms and producing local exclusive content.<\/p>\n
We will substantially increase the content offers of our streaming services across all genres\u2014this includes showing programmes online first and developing original productions for these services. Combined with state-of-the-art user experience, RTL Group is determined to become the European pioneer for the next level of Total Video.\u201d<\/p>\n
During the first nine months of 2018, Mediengruppe RTL Deutschland\u2019s EBITDA decreased by 2.6 percent to \u20ac484 million ($551 million), mainly due to lower TV advertising revenue. Groupe M6\u2019s EBITDA was up by 4.9 percent to \u20ac277 million ($316 million). RTL Nederland\u2019s EBITDA was up 22.2 percent to \u20ac55 million ($63 million), thanks in large part to Videoland and other digital activities.<\/p>\n
Fremantle\u2019s EBITDA was up 3.1 percent to \u20ac66 million ($75 million), largely driven by the strong performances of Fremantle in North America, Germany (UFA) and the Canadian video game company Ludia.<\/p>\n","protected":false},"excerpt":{"rendered":"
RTL Group posted a revenue increase of 2.7 percent for the first nine months of 2018 to reach \u20ac4.47 billion ($5.1 billion), while net profit attributable to RTL Group shareholders was down year on year to \u20ac424 million ($483 million).<\/p>\n","protected":false},"author":350,"featured_media":8855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[153],"class_list":["post-8854","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-rtl-group"],"yoast_head":"\n