Fremantle’s M&A spending spree is showing little sign of slowing down, with parent RTL Group confirming that it would be “investing significantly” in the production & distribution arm, which reported a 21% rise in revenue for 2022. Fremantle’s revenues touched €2.3bn ($2.4bn) last year while profits soared 15% on 2021, following another busy year of […]
Media giant RTL Group has been hit by a further regulatory blow after plans to combine its operations in the Netherlands with John De Mol’s Talpa Network were blocked by local competition authority, the ACM. The proposed merger had been in the works for almost two years but RTL has now revealed that ACM, the […]
German broadcaster ProSiebenSat. 1 Media has appointed former RTL Group boss Bert Habets as its new group CEO, with incumbent Rainer Beaujean exiting the company. Beaujean has resigned from his office by mutual agreement with the supervisory board and Habets, who has been a board member since May, will take over the role on 1 […]
European media giant RTL Group has decided against selling off its French broadcast outfit M6. RTL’s CEO, Thomas Rabe, said on Monday night that he would now “continue to pursue [the] strategy to build national media group of sufficient size to compete with the US platforms.” The RTL chief described M6, which RTL has held a stake in […]
Rob Moyser, Omdia’s senior analyst for TV & online video, explores how Europe’s RTL Group has redoubled its focus on its core brand, bringing content production, partnerships and M&A deals to the fore. Over the past decade, RTL Group has become a significant force in the European OTT market, with two of its OTT services, […]
US media giants are targeting Europe with their streamers but incumbent operators are making moves of their own. Tim Westcott, senior analyst for research powerhouse (and TBI sibling) Omdia, reveals the state of play at continental giant, RTL Group. Luxembourg-based RTL Group has set the target of “building national streaming champions” in all of the […]
Former RTL Group chief Bert Habets has been appointed as CEO of CEE-focused media firm Antenna Group. Habets takes over the role from the outgoing Jonathan Procter, who departed the company to become group CEO of South Africa’s Primedia. The exec, who exited RTL in 2019, will oversee the free TV, pay TV, OTT, content, […]
Fremantle’s group COO Andrea Scrosati has had his remit expanded to include responsibility for Germany, the Nordics, the Netherlands, Belgium and Poland. Scrosati will now become CEO of continental Europe, reporting to Fremantle CEO Jennifer Mullin. The former Sky Italia exec, who joined Fremantle in 2018, already oversees Italy, France, Spain, Portugal and Israel. He […]
RTL Group has named Matthias Dang and Stephan Schäfer as the new become Co-CEOs of RTL Deutschland, with former CEO Bernd Reichart leaving to take on new management responsibilities within the Bertelsmann Group. Following its move to combine RTL Deutschland and publisher Gruner + Jahr in January next year, RTL Group has said that Dang […]
European broadcaster RTL Group has sold its Belgian division, including three channels and streamer RTL Play, to DPG Media and Groupe Rossel for €250m ($300m). RTL Group assumed full ownership of RTL Belgium in December 2020, having spent 33 years as its majority shareholder, but is now offloading the division as part of a Europe-wide […]
