Fremantle Grows by 27% as Owner RTL’s Revenues Soar to $5 Billion

Bertelsmann’s Luxembourg-based media giant RTL Group, which owns Fremantle, has declared revenue of €5.06 billion ($4.97 billion) for the first nine months of 2022, a growth of 12% from the corresponding period in 2021. The RTL Group has interests in 56 television channels, eight streaming services and 36 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.” Group revenue was up mainly thanks to the strong performance of Fremantle and RTL Nederland, scope effects at RTL Deutschland… Read Full Article