German broadcasting group RTL has reported full-year revenues to December 31st 2017 were up 2.2 per cent to €6.3 billion; EBITDA was up 3.8 per cent to €1.4 billion.

The increase was mainly driven by higher revenue from Mediengruppe RTL Deutschland, Groupe M6 and RTL Group’s rapidly growing digital businesses, despite the fact that all European net TV advertising markets in RTL Group’s territories were down or stable year-on-year

Platform revenue was up 13.5 per cent to €319 million (2016: €281 million), while digital revenue grew by 23.3 per cent to €826 million (2016: €670 million).

RTL Group said its revenue is well diversified with 47.5 per cent from TV, 20.1 per cent from content, 13 per cent from digital activities, 5 per cent from platform revenue, 4 per cent from radio advertising and 10.4 per cent from other revenue.

In a statement, RTL said: “2017 was another successful financial year for RTL Group – and this despite challenging TV advertising markets across the Group’s footprint. RTL Group’s business model stands for resilient top-line growth, a well-diversified revenue mix and high-quality earnings. This set of strong results shows that RTL Group is in an excellent position to write the next chapter in its success story. As a key strategic priority, RTL Group will expand its direct-to-consumer on-demand services, driven by investments in local, exclusive content.”

Other posts by :

1. Italy joins Germany in IRIS2 alternate thoughts
2. Kazakhstan to create museum at Yuri Gagarin launch site
3. AST SpaceMobile gets $42 or $1500 price target
4. Analyst: GEO bloodbath taking place
5. SES AGM results: Appaloosa still objecting
6. SpaceX’s Shotwell worth $1.2bn
7. SpinLaunch’s revolutionary plan for 280 satellites
8. Consolidation impacts satellite sector
9. Project Kuiper plans first satellite launch

Categories: Articles, Broadcast, Business, Results