Bertelsmann’s Luxembourg-based media giant RTL Group, which owns Fremantle, has declared a group profit of €1.5 billion ($1.65 billion) for 2021, up from €625 million in COVID-affected 2020. The RT…
, CEO of RTL Group, said: “RTL Group’s growth businesses of streaming and content progressed significantly in 2021, with more than 3.8 million paying subscribers for RTL Plus and Videoland, and 81 new drama productions from Fremantle. We have significantly raised our streaming targets. Compared to 2021, we plan to triple the annual content investments to around €600 million by 2026.
RTL is part of several consolidation moves in Europe, which Rabe said would “create significant value for RTL Group’s shareholders and stronger positions to compete with the global tech and streaming platforms.
In July 2021, RTL Deutschland acquired the outstanding 50% shareholding in Super RTL from its former joint-venture partner, The Walt Disney Company, and now owns 100% of the company.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
European TV Giant RTL Posts Record $1.6B Profit, Revenue Gain Amid Streaming Growth, Ad ReboundThe company says its production division, Fremantle, will top $3.3 billion in revenue by 2025.
Lire la suite »
European TV Giant RTL Posts Record $1.6B Profit, Revenue Gain Amid Streaming Growth, Ad ReboundThe company says its production division, Fremantle, will top $3.3 billion in revenue by 2025.
Lire la suite »
Biggest Oil Giants Made 'Eye-Popping' $205 Billion in Profits in 2021: ReportNow, fossil fuel giants are trying to 'cash in on inflation and the crisis in Ukraine,' said KyleHerrig of Accountable_US.
Lire la suite »
Total Consumer Debt Grows With Student, Auto Loans DoublingCredit Summit said total consumer debt increased by $313 billion in the second quarter of 2021.
Lire la suite »
Bentley's Profits Soar An Astonishing 1,800 Percent In 2021 Over Previous Year | CarscoopsBentley's Profits Soar An Astonishing 1,800 Percent In 2021 Over Previous Year | Carscoops carscoops
Lire la suite »
Bentley reports record 2021 revenuesBritish automaker Bentley Motors has reported an operating profit of 389 million euros, or $425.5 million at current exchange, for fiscal year 2021, a new record.
Lire la suite »