(Photo: imago / Horst Galuschka)
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Declining advertising revenues have the RTL Group – this also belongs ntv – brought about a decline in sales in the first quarter. As the Bertelsmann subsidiary announced, it sank sales in the first quarter despite higher audience shares by 3.4 percent to 1.47 billion euros. The Streaming businesses the group is meanwhile booming because of the lockdown. The RTL Group assumes that the Net TV advertising markets declined in all of the company’s core markets during the reporting period. Accordingly, the market in Germany fell by 4.0 to 4.5 percent, in the Netherlands by 7.0 percent and in France even by 12.0 percent.
RTL posted in Broadcasting business a decline in sales of almost 5 percent to 1.04 billion euros. Sales in the Content production decreased by 1.3 percent to 378 million euros. The Digital business grew by 3 percent to 103 million euros. With their streaming services TV Now and Videoland RTL Group recorded a 34 percent year-on-year increase in paying subscribers to 1.53 million.
The Financial forecast RTL has already withdrawn for the current year at the beginning of April and still has no confidence in new ones.
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