2018 starts off well for Rtl Group, but the German group has announced that it will renounce acquisitions, such as Endemol Shine, to focus on other businesses such as FremantleMedia.
Rtl Group seems to have found the right path to success. The German group presented its results for the first half of 2018, with revenues up by 2.3% to 3.05 billion euro. The growth of Rtl Group was mainly due to the digital activities (+9%), FremantleMedia (+33 million) and Rtl Nederland (+13 million). Following the excellent results of the first half of the year, due in particular to FremantleMedia, Rtl Group decided to change its business strategies. The German group has announced that it intends to renounce acquisitions, as in the case of Endemol Shine, a company that produces among others Big Brother, focusing instead on FremantleMedia. The strategy was announced by Rtl Group’s CEO Bert Habets, on the occasion of the presentation of the revenues that brought profits to 318 million euro.
