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Fremantle Takes 10% Revenue Hit In Q1 But Owner RTL Confident Of Turnaround [Yahoo! Finance]
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RTL put the Poor Things and Got Talent producer's weak Q1 performance, which saw its revenue tumble by 9.2% year-on-year to €395M ($424m), down to “timing effects in the UK, Italy and Germany” of show launches. More from Deadline WBD Unveils Canal+, Amazon Deals For Max In France & Spain Along With Launch Date; Fremantle UK Finance Hire; Hong Kong Avant Garde Festival - Global Briefs Niamh Algar & Tom Hollander Leading Sky Code-Breaking Thriller Series From 'Luther' Creator Neil Cross Freely Live TV Platform Launches In UK; RTL Deutschland Content Chief; BAFTA $156,000 Grants; MGM+ India - Global Briefs An improvement is expected during this quarter, RTL added, pointing to the launch of a second season of BBC drama The Responder and new BBC series Nightsleeper, as well as season 19 of America's Got Talent for NBC and Race To Survive: New Zealand for the USA Network in the U.S. Fremantle will also start realizing its €200M investment in Death in Paradise content group Asacha
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