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German media giant RTL Group has signed an agreement to buy Comcast-owned pay-TV platform Sky Deutschland. The deal brings together two top media brands in the region, creating a business with ...
The channel group paid €150M ($175M) for Sky’s German arm, “with additional variable consideration linked to future value creation” in terms of RTL’s share price performance, it said.
“HBO Max is launching in Germany next year; they won’t be able to do it alone,” says Godard. “The logical move now would be for them to partner with RTL/Sky. Disney+ needs growth [in Germany].
German media giant RTL Group has signed an agreement to buy Comcast-owned pay-TV platform Sky Deutschland. The deal brings together two top media brands in the region, creating a business with ...
While RTL focused on the importance of the Sky deal for its German streaming business, Godard noted that the push to consolidate is also driven by competition in the advertising market. “The ...
RTL has agreed to buy Sky’s German business, reviving the European broadcaster’s attempts to pursue TV consolidation to fend off the threat posed by US streaming giants such as Netflix.
The addition of Sky's German-language offering would have boosted RTL's revenues by 30 percent in 2024 to 8.2 billion euros.
Sky Europe is to sell its Sky Deutschland operation. RTL will acquire the German-language pay-TV operation which includes subscribers in Austria and Switzerland as well as Germany itself. RTL is ...
The deal combines Sky’s premium sports rights such as Bundesliga, DFB-Pokal, Premier League and Formula 1 with RTL’s entertainment and news brands across RTL+, free-to-air and pay TV.
Sky Deutschland has been acquired by RTL, ending years of speculation on its future and representing RTL’s biggest ever buy. The channel group paid €150M ($175M) for Sky’s German arm, “with additional ...
German media giant RTL announced Friday its acquisition of the activities of its rival Sky in the German-speaking world, with the hope of creating a European competitor to the US streaming giants ...
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