RTL Group is acquiring Sky Deutschland for a bargain price of €68 million, integrating the broadcaster into RTL Deutschland, which will lead to increased power for two executives, job cuts, and a focus on synergies.

Media conglomerate RTL Group has reported a decline in its adjusted operating profit and revenue, with the company planning to focus on its streaming services as a motor for future growth.

RTL says its streaming platform RTL+, which now boasts more than 8 million subscribers, will cross into profitability later this year.

RTL Group has announced its new German management team after receiving regulatory approval for its acquisition of pay-TV operator Sky Deutschland, integrating executives from both companies.

Media conglomerate RTL Group has reported a decrease in revenue and profit, with the company planning to generate income from its streaming services starting this year.

Got Talent producer Fremantle saw its revenues fall 9.4%, with parent RTL Group attributing the drop to challenges in key entertainment markets.

RTL Group is offering concessions in an effort to expedite the regulatory approval process for its acquisition of Sky Deutschland.

European media conglomerate RTL on Thursday posted a 3.8% year-on-year drop in revenues to €6.018 billion ($6.9 billion) for the full 2024 fiscal year with strong growth on the streaming side and…

RTL Group announced that hackers stole data belonging to 27,000 employees, but clarified that customer, business partner, and viewer data were not compromised.