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RTL sees revenues drop in Q1, confirms outlook for 2021

Thursday 6 May 2021 | 11:20 CET | News
RTL said its revenue declined by 4.2 percent year-on-year in the first quarter ending in March to EUR 1.40 billion mainly due to negative exchange rate effects and scope effects resulting from the disposals of BroadbandTV and Groupe M6 businesses Home Shopping Service and iGraal. Lower TV advertising revenue in Germany and the Netherlands was compensated by increasing content, streaming and ad-tech revenue.  Revenues at group level were up 3.9 percent organically.

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Categories: Broadcast & Satellite
Companies: Deutsche Telekom / M6 / RTL Group / Videoland
Countries: Europe
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