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%.
The European Audiovisual Observatory, part of the Council of Europe, has just published a new IRIS Special report, which looks at the many different ways in which companies such as broadcasters can obtain or maintain powerful positions in the audiovisual market.
Enex, a provider of TV news in Europe, is expanding its activities to Latin America.
The Hungarian Competition Office (GVH) has approved the acquisition of a controlling stake in IKO Media Holding by RTL Group Central and Eastern Europe.
RTL Group is to sell its 70% stake in Greece’s Alpha Media Group to the local entrepreneur Dimitris Contominas for an undisclosed fee.
RTL Group has emerged as another possible buyer of the Polish national commercial broadcaster TVN, with a sale of a 56% in the latter now looking likely to be completed as soon as the second half of next month.
RTL Group has acquired the 31% of shares in the leading Hungarian broadcaster RTL Klub it did not already own.
RTL is to acquire the remaining shares in the Croatian broadcaster RTL Hrvatska it does not already own.
RTL Group may be about to undertake an asset swap in Russia, exchanging its 30% stake in the broadcaster Ren TV for 7.5% in the National Media Group (NMG). Besides being the owner of the largest cable operator in Russia, the latter jointly owns Channel One, the country’s leading broadcaster, and Channel Five.
RTL Group has failed to gain a foothold in the lucrative Russian TV market despite its co-ownership of two key interests.