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Group revenue was up 11.3 per cent to €1,562 million (Q1/2021: €1,404 million), mainly thanks to scope effects at RTL Deutschland (from the acquisitions of Gruner + Jahr and Super RTL) and Fremantle as well as positive foreign exchange rate effects. Group revenue was up 4.4 per cent organically, mainly driven by TV advertising growth in the core markets.
The revenue of RTL Group’s content business, Fremantle, was up 6.5 per cent to €461 million (Q1/2021: €433 million), thanks to positive foreign exchange rate effects and scope effects from the acquisitions of This is Nice Group and Eureka. Fremantle’s revenue in the first quarter of 2021 was boosted by the deliveries of season one of The Mosquito Coast and season three of American Gods.
Streaming...
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