Fremantle Owner RTL Group Grows Quarterly Revenues to $1.6 Billion, Projects Annual Revenue of $7.7 billion

Bertelsmann’s Luxembourg-based media giant RTL Group, which owns Fremantle, has declared revenues of €1.56 billion ($1.64 billion) for the first quarter of 2022, a growth of 11.3%. The RTL Group ha…

, has declared revenues of €1.56 billion for the first quarter of 2022, a growth of 11.3%.

Paying subscribers for the group’s streaming services RTL+ and Videoland were up 58% to 4.3 million and revenues by 23% to €64 million Thomas Rabe, CEO of RTL Group, said: “RTL Group started dynamically into the new year despite the uncertainties resulting from the war in Ukraine. In the first quarter of 2022, revenue grew by 11.3%, thanks to growth across TV advertising, content and streaming, partly driven by scope effects.”

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