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.
Advertising markets continued to show signs of recovery in the first half of 2014, according to RTL Group, with strong results in Germany and the Benelux, but disappointing figures in France.
RTL Group has issued a first assessment of the financial impacts of Hungary’s controversial new ad tax law, which is expected to become effective, and require the first payments by RTL Hungary, this August.