This will take RTL Group’s stake in RTL Belgium, in which it is already the controlling shareholder, to 100%.
Commenting on the development, Elmar Heggen, COO and deputy CEO of RTL Group, said: “After more than 30 years of successful cooperation with our co-shareholders, we have agreed to fully acquire RTL Belgium. This follows our strategy to consolidate across our European broadcasting footprint, wherever attractive opportunities arise. We will continue to invest in RTL Belgium and accelerate the transformation of the business, in particular via streaming services, advertising technology and data. We are looking forward to continuing the cooperation with our Belgian partners. They will remain closely associated with RTL Group”.
RTL Belgium operates three free TV channels – RTL-TVI (family, general-interest), Club RTL (children, sports, classic movies and series) and Plug RTL (fiction, young culture, reality TV) – in French-speaking Belgium. In 2019, the RTL family of TV channels attracted a combined audience share of 34.5% in the key commercial target group, 14.9 percentage points ahead of the public channels. RTL Belgium’s radio stations comprise Bel RTL (talk, general interest), Radio Contact (music) and the digital station Mint (pop rock music). The business unit also operates the streaming service RTL Play and the news website RTLInfo.be.