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German media giant Bertelsmann booked record profits for 2023, recording a 25 percent jump in group profits to €1.3 billion ($1.43 billion), the company reported on Tuesday. Operating revenue was flat at €20.2 billion ($22.2 billion), just short of the record figure recorded by the company in 2022. Bertelsmann’s one-off sale of its shares in…
Fremantle has completed the acquisition of Asacha Media Group, the private-equity-backed operation that owns eight TV and film production companies across France, Italy and the United Kingdom. Asacha’s subsidiaries include Death in Paradise producers Red Planet Pictures; Italian scripted groups Picomedia (Beyond the Sea, La Storia) and Stand by Me (Diaries); and France’s Srab Films…
Fremantle is getting into the Rachel Weisz business. The international production powerhouse has signed a first look and development deal with Astral Projection, the production company run by the Oscar-winning actress and her Dead Ringers producer Polly Stokes. The three-year deal will see Fremantle become the primary home for all of Astral Projection’s TV and…
A still-soft advertising market pulled down revenue at European broadcast giant RTL Group, Fremantle‘s parent company, which reported a 6.9 percent drop in turnover from January to September 2023 to €4.66 billion ($4.98 billion). Group CEO Thomas Rabe put the blame on “challenging market conditions,” in particular cronically-weak ad sales. RTL Group now expects TV…
It might be too early to call it, but The Hollywood Reporter Roma may have given the best party of the 80th Venice Film Festival. THR Roma, the first European edition of The Hollywood Reporter, threw a starry and glam but also surprisingly chill bash Sunday night at their festival villa, a stone’s throw from…
Thomas Rabe was born in tiny Luxembourg, the mini-nation squeezed in between France, Germany and Belgium. But when it comes to business, as CEO of pan-European broadcast giant RTL Group and chairman and CEO of RTL’s parent, global media conglomerate Bertelsmann, Rabe likes to think big. At an RTL shareholders’ meeting back in August 2021,…
“The day after Alfred Herrhausen’s murder, I wanted to make a film about it,” says German producer Gabriela Sperl. “Because I knew the official story we were being told just wasn’t the truth.” This was back in 1986 and Herrhausen, the charismatic chairman of the board of German financial giant Deutsche Bank, had just been…
Long-time Fremantle executive Amelia Brown has been named the new CEO of Fremantle UK, where she will oversee the strategic direction of the group’s U.K. corporate functions as well as the output of Fremantle Brit labels Thames, Talkback, Naked. Label 1, producers of Hospital, World’s Collide: The Manchester Bombing, which is majority-owned by Fremantle, will…
Fremantle Takes Minority Stake in Artists, Writers & Artisans, First Joint Project Is Adaptation of Comic Series ‘Devil’s Highway’ Fremantle, the production unit of Bertelsmann-owned TV giant RTL Group, has made a strategic minority investment in Artists, Writers & Artisans (AWA), an independent developer of stories from creative talent working across graphic fiction, film and television. …
Fremantle Hires ‘X Factor’ Veteran Andrew Llinares as Director of Global Entertainment Global production giant Fremantle has appointed Andrew Llinares as its director of global entertainment. Llinares — who will be based in London and report to group CEO Jennifer Mullin — takes over from Rob Clark, set to retire at the end of February after 20…