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German Media Giant RTL to Buy Sky Deutschland in Deal That Will Create Business With 11.5 Million Subscribers
German Media giant RTL to buy Sky Deutschland in deal that will create business with 11.5 million subscribers
The transaction “combines Sky’s premium sports rights – including Bundesliga, DFB-Pokal, Premier League and Formula 1 – with RTL’s leading entertainment and news brands across RTL+, free-to-air and pay TV. “Together, RTL and Sky will be in an even stronger position to invest in people, content and technology in Germany and in Europe to compete with the global tech and streaming players. I want to recognise the outstanding work of the Sky Deutschland team, whose strong performance over recent years has laid the foundation for this next phase,” he added.
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