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Broadband

RTL Group sells shareholding in Canada's BroadbandTV, to focus on European assets

Wednesday 28 October 2020 | 15:25 CET | News
RTL Group said it has completed the sale of its shareholding in Canadian media-tech company BroadbandTV (BBTV) to BBTV Holdings for EUR 102 million (CAD 158.8 million). RTL said the sale was in line with its strategy to focus on core growth, alliances and partnerships, and growing its European digital assets in streaming, advertising technology and digital video.

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Categories: Broadcast & Satellite / Internet
Companies: RTL Group
Countries: Canada
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