Entertainment

RTL Group Revenue, Profits Hit by Weak Advertising, Streaming Business Continues Growth, Half Year Results Reveal

Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 5.1% to €3.1 billion ($ 3.4 billion) for the first half of 2023, financial results released on Tuesday have revealed. Adjusted EBITA (Earnings Before Interest, Taxes, and Amortization) was down to down to €250 million compared to €501 million during the same period […]
Variety