RTL Group: “High revenue growth in Q3”

RTL Group has published its quarterly statement for the January to September 2022 period.

Thomas Rabe, Chief Executive Officer of RTL Group, commented: “RTL Group had a solid first nine months of the year 2022, in the face of a challenging macroeconomic environment and its impact on advertising markets. The high revenue growth in the third quarter was primarily driven by Fremantle, which continues to deliver on its boost plan and is on track to reach a new record revenue in 2022. Organically, Fremantle grew 10 per cent from January to September 2022. RTL Group’s streaming services also continued with very good traction in the third quarter of 2022, with paying streaming subscribers growing to 4.8 million at the end of September.”

Source: RTL Group: “High revenue growth in Q3”