RTL Group ended the first quarter with 2.72 million paying subscribers for its streaming services TV Now in Germany and Videoland in the Netherland.
RTL Group has commissioned investment bank JP Morgan to study a possible sale of its Belgian operations.
RTL Group ended 2020 with 2.19 million paying subscribers to its streaming services TV Now in Germany and Videoland in the Netherlands.
Faced with growing competition by globally uniform players such as Netflix, Amazon Prime Video and Disney+, RTL Group wants to focus more strongly on its core brand RTL.
RTL AdConnect and smartclip will extend their international partnership for addressable TV and online video advertising solutions across Europe.
The supervisory board of Bertelsmann has extended the contract of the German media company’s chairman and CEO Thomas Rabe for another five years.
RTL Group has agreed in principle with its co-shareholders in its Belgian TV and radio operations to acquire their shares in RTL Belgium for cash and RTL Group treasury shares.
The number of registered subscribers for RTL Group’s streaming services TV Now and Videoland has increased by 32% year on year.
RTL Group has announced that it has completed the sale of its entire shareholding in Vancouver-based BroadbandTV to BBTV Holdings Inc, effective October 28, for €102 million (C$158.8 million).
RTL Group has posted a highest ever annual revenue of €6.7 billion for 2019.