Get the latest gossip
Fremantle Takes 10% Revenue Hit In Q1 But Owner RTL Confident Of Turnaround
RTL Results: Fremantle took a Q1 revenue hit but The Responder, Nightsleeper and America's Got Talent could turn things around, says owner.
Fremantle revenues dipped almost 10% in this quarter but owner RTL is hoping for a bounceback and has set growth targets for full year 2024. RTL put the Poor Things and Got Talent producer’s weak Q1 performance, which saw its revenue tumble by 9.2% year-on-year to €395M ($424m) down to “timing effects in the UK, Italy and Germany.” “RTL Group has started strongly and in line with our expectations into 2024,” said Thomas Rabe, who runs the Bertelsmann-owned outfit.
Or read this on Deadline