RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth

Indonesia Berita Berita

RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth
Indonesia Berita Terbaru,Indonesia Berita utama

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

  • 📰 THR
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

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

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