Former StyleHaul executive Dennis Blieden pleaded guilty to embezzling more than $22 million from the company to pay for gambling and personal expenses.
A total of 69 employees will lose their jobs at RTL Group’s corporate sector as part of a social plan agreed on by the management and unions.
RTL Group has unveiled a new leadership structure and plans to create Europe’s leading ad-tech development unit.
RTL Group is to combine its digital video business in the Nordics (United Screens) with Divimove, RTL Group’s Berlin-based digital video company.
RTL Group is discontinuing the activities of its multi-platform network StyleHaul.
At the end of March 2019, RTL Group registered 1.15 million paying subscribers for its video-on-demand platforms (TV Now in Germany and Videoland in the Netherlands), up 59% year on year.
The sudden departure of Bert Habets as CEO of the RTL Group has an unusual aftermath, with the Group refusing to discharge him.
RTL Group has appointed Natalie Tideström Heidmark as new CEO of United Screens, a multi-platform network (MPN) in the Nordics, effective 1 April 2019.
In a surprise move, Bert Habets has decided to resign as CEO and member of the Board of RTL Group quoting personal considerations. Thomas Rabe is the new CEO.
RTL Group does not intend to accept ProSiebenSat.1’s invitation to participate in the latter’s joint German streaming venture with Discovery for the time being.