RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth

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

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines