variety.com
06.05.2022 / 10:11
Fremantle Owner RTL Group Grows Quarterly Revenues to $1.6 Billion, Projects Annual Revenue of $7.7 billion
Naman Ramachandran Bertelsmann’s Luxembourg-based media giant RTL Group, which owns Fremantle, has declared revenues of €1.56 billion ($1.64 billion) for the first quarter of 2022, a growth of 11.3%.The RTL Group has interests in 67 television channels, 10 streaming platforms and 38 radio stations. The group’s content business, Fremantle, is one of the world’s largest creators, producers and distributors of scripted and unscripted content, including “American Idol,” “Britain’s Got Talent” and “The X Factor.”Fremantle revenues are up 6.5% to €461 million (Q1/2021: €433 million) with the stated target of full-year revenue of €3 billion by 2025 on track.