Style Haul

Lower Idol revenue, digital hit FremantleMedia

FremantleMedia has seen a sharp decrease in profits, with parent group RTL blaming lower revenue from American Idol and increased investment in content and digital businesses. For the nine months to September, the production and distribution group reported EBITA profit of €54 million (US$67.3 million) compared with €77 million in the same period in 2013. […]

RTL yearly earnings hit record high

RTL has reported “significant” profit growth in 2013 with EBITA reaching a record full-year high, primarily driven by higher contributions from its largest profit centre, Mediengruppe RTL Deutschland. Announcing its full year 2013 results, RTL said that EBITA increased 6.9% to €1.15 billion (US$1.58 billion), €622 million of which came from Mediengruppe RTLDeutschland – the unit’s […]