Europe's leading commercial TV group sees strong digital and online growth, but traditional TV channels and production operations still provide the bulk of its financials.
European commercial television giant RTL Group reported record half-year financials on Wednesday as revenue jumped 4.2 percent year-over-year to an all-time company high of $3.52 billion .RTL's digital operations recorded the strongest growth, with revenue jumping 21 percent to $569 million . The company's subscription VOD service, operating in Germany and the Netherlands, registered 1.2 million subscribers as of the end of June, up 46.2 percent from the year-ago period.
RTL, which operates free-to-air and pay TV channels across Europe and owns production powerhouse Fremantle , has been investing heavily in streaming and digital operations in a move to transition from traditional TV to the online and on-demand marketplace.
France Dernières Nouvelles, France Actualités
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