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RTL Group today published the following quarterly statement for the first three months of 2021 (Q1/2021).
- Group revenue up 3.9 per cent organically year on year; reported Group revenue down 4.2 per cent to €1,404 million due to scope effects and negative exchange rate effects
- Fremantle revenue up 14.6 per cent year on year, streaming revenue up 40.5 per cent
- Paying subscribers for RTL Group’s streaming services TV Now and Videoland up 71 per cent to 2.7 million year on year
- SpotX disposal closed; RTL Group received US-$640 million in cash and 12.4 million shares of Magnite stock
- Full-year outlook for 2021 confirmed: Group revenue of around €6.2 billion; Adjusted EBITA2 of around €975 million
Thomas Rabe, Chief...
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