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Broadband

RTL revenues fall over 28% in Q2, sees ad market decline slowing in Q3

Thursday 13 August 2020 | 11:24 CET | News
European broadcaster RTL Group reported a sharp fall in second-quarter revenues, hurt by the slowdown in the advertising market during the coronavirus outbreak. Sales fell 28.3 percent year-on-year to EUR 1.186 billion. The company said it was able to offset around half the sales decline with lower costs. 

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Categories: Broadcast & Satellite / Internet
Companies: RTL / RTL Group / Videoland
Countries: Europe
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