RTL Group revenues rise 3% on new shows, digital business [Reuters]
RTL GRP SA UNSP/ADR (RGLXY)
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Source: Reuters
RTL Group revenues rise 3% on new shows, digital business - Reuters 1 Min Read BERLIN, Nov 6 (Reuters) - Media group RTL confirmed its full-year outlook on Wednesday after posting a 3% revenue increase in the first nine months, driven by new shows and series like the second season of American Gods, and its digital activities. Revenues in the January-September period came in at 4.6 billion euros ($5.09 billion), the Luxembourg-based and Frankfurt-listed company said in a statement. RTL added that revenues of its core broadcasting unit declined by 2% to 3.2 billion euros, citing the sale of its film rights company Universum Film and soccer club Girondins de Bordeaux as well as lower TV advertising revenues in Germany and the Netherlands. $1 = 0.9029 eurosReporting by Thomas Seythal, editing by Emma Thomasson All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. RTL Group revenues rise 3% on new sh
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