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RTL unifies German pay-TV assets

March 11, 2015 18.52 Europe/London By Jörn Krieger

RTLCrime, RTLLiving, PassionGerman commercial broadcast group Mediengruppe RTL Deutschland has unified the shareholding structure of its pay-TV channels.

RTL Television GmbH has taken over the 49.6% stake of TV production company UFA in Passion GmbH on December 31, 2014, an RTL spokesman told Broadband TV News. RTL Television GmbH which previously held 50.4% has, thus, become the sole shareholder.

Passion GmbH which operates pay-TV channel Passion was at the same time merged into RTL Television GmbH and consequently ceased to exist. Like RTL’s other pay-TV channels RTL Crime, RTL Living and GEO Television, Passion is now fully owned and operated by RTL Television GmbH.

German anti-media concentration commission KEK approved the transaction at its latest assembly in Berlin on March 10, 2015.

As Passion used to be co-owned by UFA, it didn’t carry the RTL brand in its name in contrast to RTL Crime and RTL Living which were 100% RTL subsidiaries from day one. Despite the revised shareholding, a name change to RTL Passion is currently not planned, according to the RTL spokesman.

Both RTL and UFA are part of German media company Bertelsmann.

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Filed Under: Newsline, TV Tagged With: Bertelsmann, Germany, Passion, pay TV, RTL, shareholding, UFA Edited: 11 March 2015 18:52

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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