RTL Warns 'Persistent Weakness' Of TV Ad Market In Q3 Financial Report

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European broadcasting heavyweight RTL has warned of “persistent weakness” in the TV advertising market, as it posted Q3 revenue down more than 10% year-on-year. Group revenues for the q…

European broadcasting heavyweight RTL has warned of “persistent weakness” in the TV advertising market, as it posted Q3 revenue down more than 10% year-on-year.

Group revenues for the quarter were €1.6B , with timing effects at production arm Fremantle and the TV ad market cited as organic reasons. Full year revenue is now expected to

 

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