Albert Frère, the man who shaped much of the European television landscape, has died at the age of 92.
German media company Bertelsmann invests in FloSports, an US-based online sports media network specialising in live events.
Bertelsmann will continue to be headed by Thomas Rabe: The German media company’s supervisory board renewed the CEO contract for another five years.
German commercial broadcast group Mediengruppe RTL Deutschland has unified the shareholding structure of its pay-TV channels.
Bertelsmann has set the price for the secondary public offering of ordinary shares of RTL Group at €55.50 per ordinary share.
Bertelsmann has set the price range of the RTL Group shares at €54 to €62 per share. The public share offer comprises up to 25,500,000 shares (including a possible overallotment option of up to 2,318,000 shares) and is expected to start on April 18, 2013 and to end on April 29, 2013.
German publishing group Bertelsmann has confirmed its intention to reduce its shareholding in RTL Group by way of a secondary public offering.
Bertelsmann has informed the board of directors of RTL Group that it is considering a reduction of its shareholdings in RTL Group through a capital market transaction, while maintaining a qualified majority of approximately 75%.