{"id":586153,"date":"2023-08-08T09:32:14","date_gmt":"2023-08-08T06:32:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/streaming-growth-slim-silver-lining-at-fremantle-parent-rtl-group\/"},"modified":"2023-08-08T09:32:14","modified_gmt":"2023-08-08T06:32:14","slug":"streaming-growth-slim-silver-lining-at-fremantle-parent-rtl-group","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/streaming-growth-slim-silver-lining-at-fremantle-parent-rtl-group\/","title":{"rendered":"#Streaming Growth Slim Silver Lining at Fremantle Parent RTL Group"},"content":{"rendered":"
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\n European media<\/a> giant RTL Group, the parent company of production powerhouse Fremantle, saw revenue and profits slump in the first half of this year as ad sales remained soft, particularly in the company\u2019s core German market. <\/p>\n

\n First-half revenue slipped 5.1 percent to \u20ac3.1 billion ($3.4 billion), adjusted EBITA profits slumped to \u20ac250 million ($275 million), half what they were in H1 2022, and group profit fell more than 56 percent to \u20ac132 million ($145 million). <\/p>\n

\n Streaming growth provided the only slim silver lining in RTL\u2019s first-half figures. RTL Group\u2019s streaming services, RTL+ and Videoland, showed robust growth, with subscriber figures surging 34 percent to 6 million and streaming revenue up 16.9 percent to \u20ac152 million ($167 million). <\/p>\n

\n Still very much a traditional broadcasting group and heavily reliant on the free-TV advertising market, RTL has struggled to diversify by expanding its SVOD offerings, which included streaming services RTL+ and Videoland.<\/p>\n

\n \u201cThe market environment in the first half of 2023 was particularly challenging, with geopolitical and macroeconomic uncertainties in addition to the long-term structural shifts in video viewing,\u201d said RTL CEO Thomas Rabe, who said the company would be \u201cinvesting into business transformation through the cycle\u201d by putting money into \u201cpremium content, leading national streaming services and in advertising technology<\/a>.\u201d <\/p>\n

\n AI is also a priority. <\/p>\n

\n \u201cTechnology plays a key role in our transformation, and we see great opportunities from Artificial Intelligence, in particular to increase efficiency and generate content,\u201d Rabe said. \u201cToday, we already app<\/a>ly AI at scale in advertising planning and have started to support content creation with generative AI.\u201d<\/p>\n

\n For the full year, RTL Group is projected an adjusted EBITA of approximately \u20ac950 million ($1.04 billion) after start-up losses on its streaming services of around \u20ac200 million ($220 million). <\/p>\n<\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

European media giant RTL Group, the parent company of production powerhouse Fremantle, saw revenue and profits slump in the first half of this year as ad sales remained soft, particularly in the company\u2019s core German market. First-half revenue slipped 5.1 percent to \u20ac3.1 billion ($3.4 billion), adjusted EBITA profits slumped to \u20ac250 million ($275 million),…<\/p>\n","protected":false},"author":1,"featured_media":586154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2011\/10\/rabethomas20111orig0511mslarge0_a_l.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[124783,139166,1372],"class_list":["post-586153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-international","tag-rtl-group","tag-streaming"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/586153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=586153"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/586153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/586154"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=586153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=586153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=586153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}