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4.5m paying for RTL streaming services

August 5, 2022 08.39 Europe/London By Julian Clover

The number of paid subscribers to RTL’s streaming services in Germany and the Netherlands has increased by 48%.

4.5 million are now enjoying content from RTL+ and Videoland, buoyed by a robust performance from the linear channels in the two countries.

In the first half of 2022, RTL Group’s families of TV channels in Germany and the Netherlands reported higher audience shares and increased their audience lead over their main commercial competitors.

“Our streaming services continued to grow dynamically and passed the 4.5 million paying subscriber mark. In the second half of 2022, we will expand RTL+ to become a cross-media entertainment service,” said Thomas Rabe, Chief Executive Officer, RTL Group.

First half streaming revenue was up 21.5% to €130 million.

Record revenues of €3,276 million produced profits of €304 million in the first half. The first half of 2021 was positively impacted by capital gains of €745 million from the sale of video advertising platform SpotX.

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Filed Under: Business, Finance, Newsline, Platforms, TV Edited: 5 August 2022 11:46

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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