Albert Frère, the man who shaped much of the European television landscape, has died at the age of 92.
Bertelsmann buys into online sports startup FloSports
German media company Bertelsmann invests in FloSports, an US-based online sports media network specialising in live events.
Thomas Rabe remains Bertelsmann CEO
Bertelsmann will continue to be headed by Thomas Rabe: The German media company’s supervisory board renewed the CEO contract for another five years.
RTL unifies German pay-TV assets
German commercial broadcast group Mediengruppe RTL Deutschland has unified the shareholding structure of its pay-TV channels.
Bertelsmann sets RTL Group share price
Bertelsmann has set the price for the secondary public offering of ordinary shares of RTL Group at €55.50 per ordinary share.
Bertelsmann sets RTL price range at €54 to €62
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.
RTL Group to be listed on Frankfurt exchange
German publishing group Bertelsmann has confirmed its intention to reduce its shareholding in RTL Group by way of a secondary public offering.
Bertelsmann considers reducing RTL shareholding
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%.