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Fremantle Revenue Dips, RTL Group Streaming Subs Surge 25% in H1 2024
European media powerhouse RTL Group released its first half 2024 results on Friday, revealing a mixed performance across its divisions.
The company attributed the decrease to market developments and phasing effects, partially offset by the first-time full consolidation of recently acquired Asacha Media Group. In its core TV business, RTL Deutschland widened its audience lead over competitor ProSiebenSat1 to 7.6 percentage points, while the group’s French channels held steady in market share. RTL Group CEO Thomas Rabe remained optimistic, stating: “We have made significant progress in executing our strategy and transforming our businesses.” He added that the company is “on track” to reach its long-term streaming targets and profitability by 2026.
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