vrijdag 23 augustus 2013

RTL, controlled by Bertelsmann, is seeking new revenue sources as the €-zone economy continues to stagnate.

RTL, controlled by Bertelsmann, is seeking new revenue sources as the €-zone economy continues to stagnate. RTL is investing in digital operations and pay-TV, buying majority stakes in Broadband TV, YouTube Inc.’s fifth-largest multi-channel network, and Dutch video-on-demand businesses recently. With these acquisitions, RTL will give a boost to her presence and expertise in the digital distribution space, pushing online video views, a growing market to more than 15 billion this year. H1 sales fell 1.3% as Europe’s TV ad market continues to lag. Most countries saw declines, except for Germany, which was kind of flat. Net income soared 53% to €418 million on higher operating profit; revenue was €2.78 billion, down from € 2.82 billion a year earlier

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