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 Group saw its net profit in H1 increase by 73.8% year-on-year to €351 million.
German family channel Super RTL will launch a subscription video-on-demand (SVOD) service for children between 3 and 13 years of age.
The RTL Group-backed Canadian media and technology company BroadbandTV (BBTV) has acquired the India-based kids content producer and publisher YoBoHo for an undisclosed fee.
Andreas Rudas has been appointed interim CEO of RTL Hungary with immediate effect.
RTL Group saidn its revenue was stable at €5,808 million (2013: €5,824 million).
RTL Group has decided to move the licences of its entire portfolio of Hungarian cable channels to Luxembourg, leaving only its flagship service RTL Klub still present in the country.
RTL Group says that the approval of a new tax law in Hungary has justified its decision to take the matter to the European Commission.
RTL Group said it developed its strong and rapidly growing presence across all digital platforms.
87% of EU households received digital television in 2013 with Finland, Greece, Italy and the UK having achieved 100% digital penetration.