Subject to regulatory approvals and the consultation process with the respective works councils, the all-cash transaction is expected to close around mid-2024.
RTL Group announced its reviewed results for the six months ending June 30, 2023, revealing a continued strong growth of its streaming services RTL+ and Videoland, as paying subscribers were up 34.1% to 6 million.
Germany’s RTL Group has promoted Chief Transformation Officer Jan Peter Lacher to the newly created position of Senior Vice President of Content, effective on August 1.
The Netherlands Authority for Consumers and Markets (ACM) has informed RTL Group and Talpa Network that it will not approve the proposed merger of RTL Nederland and Talpa Network.
RTL Group has decided to keep its controlling stake in Groupe M6. The decision follows a review of strategic options in which the company determined that the legal risks and uncertainties of a move like this were too high.