RTL Group, owner of Fremantle, reported a 5.2% revenue drop to €6.2 billion in 2023 due to lower TV ad revenue and Fremantle revenue.
Bertelsmann's Luxembourg-based RTL Group, owner of Fremantle, saw revenues drop 5.2% to €6.2 billion ($6.7 billion) for financial year 2023, attributing it to lower TV ad revenue and lower Fremantle revenue. EBITA slid to €782 million from €922 million in 2022. Despite awards success, Fremantle's revenue fell, while RTL's German TV channels maintained a lead over ProSiebenSat1.
March 14, 2024
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