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RTL Group, the leading European entertainment network, announced that it acquires 31 per cent of the shares in the countrys market-leading channel, RTL Klub, plus 100 per cent of a portfolio of seven cable channels Cool, Film+, Film+2, Reflektor, Prizma, Sorozat+, Muzsika TV. The acquired portfolio of cable channels is one of the countrys most attractive Hungarianlanguage cable channel families and includes the strong channel brands Film+ and Cool. The transaction is subject to regulatory approval. Andreas Rudas, Executive Vice President Regional Operations Business Development Central and Eastern Europe of RTL Group, says: This transaction gives RTL Group the opportunity to implement its tried-and-tested strategy in Hungary: we will gain full control of our...
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