The supervisory board of Bertelsmann has extended the contract of the German media company’s chairman and CEO Thomas Rabe for another five years.
Strong growth for RTL Group’s VOD platforms in Germany and the Netherlands
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.
RTL Group CEO Bert Habets steps down; Thomas Rabe new CEO
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.
Thomas Rabe remains Bertelsmann CEO
Bertelsmann will continue to be headed by Thomas Rabe: The German media company’s supervisory board renewed the CEO contract for another five years.