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With an upfront payment of €150 million and up to €377 million in performance-based earnouts, the deal adds 11.5 million subscribers and targets €250 million in annual synergies within three years.
A través del acuerdo, RTL Group adquirirá la totalidad de los negocios de Sky en Alemania, Austria y Suiza, incluyendo las relaciones con los clientes en Luxemburgo, Liechtenstein y Tirol del Sur.
The company reported a significant increase in its streaming subscribers, strong gains in TV advertising revenue, and a confirmation of its full-year outlook and long-term streaming targets.
Despite slight declines in Fremantle's global content business, the group signaled optimism for the projected €6.6 billion revenue for the year and continued investment in streaming and content production.