RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth

RTL Group Revenue Hit As Weak Ad Market Counters Streamer Growth

Upworthy

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A still-soft advertising market pulled down revenue at European broadcast giant RTL Group, Fremantle‘s parent company, which reported a 6.9 percent drop in turnover from January to September 2023 to €4.66 billion ($4.98 billion). Group CEO Thomas Rabe put the blame on “challenging market…

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