RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth

Belgique Nouvelles Nouvelles

RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth
Belgique Dernières Nouvelles,Belgique Actualités

Streaming revenue shot up 21 percent at the Fremantle parent company but the traditional TV ad market continues to slide.

A still-soft advertising market pulled down revenue at European broadcast giant RTL Group, Fremantle‘s parent company, which reported a 6.

9 percent drop in turnover from January to September 2023 to €4.66 billion . Group CEO Thomas Rabe put the blame on “challenging market conditions,” in particular cronically-weak ad sales. RTL Group now expects TV

 

Belgique Dernières Nouvelles, Belgique Actualités



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