America’s Got Talent: The Champions and the second season of American Gods helped drive revenues and profit at Fremantle. The RTL-owned producer and distribute reported revenue growth of 23.2% in t…
The RTL-owned producer and distribute reported revenue growth of 23.2% in the first half of 2019 to €828M from €672M in the same period last year. EBITA was also up significantly from €33M to €52M.was a hit on NBC with an average audience of 12.4M viewers resulting in a 12.3 share, 50% higher than the network’s primetime average. Similarly, the 14th season ofwas ABC’s number one entertainment series of the 2018/19 season.
The company said that Fremantle continues to benefit from its drama pipeline and owner RTL has forecast that Fremantle’s organic revenue is set to grow between 10% and 12%. However, it has cautioned that Fremantle is “subject to pricing pressure from its clients and is facing reduced production and distribution volumes for some of its programme genres”. It added, “Should the business not develop new formats, or should it miss new programming trends, its results would be affected negatively.”
In the first half of 2019, the company revealed that it acquired the remaining 49% stake in Danish producer Miso, which makes Dicte and 1864, that it previously did not own. It paid €13.8M ., said, “RTL Group had a successful first half of the year 2019 as the content and digital businesses further accelerated our growth. Operating profitability remained at high levels – and this despite substantially higher programming and VOD investments and restructuring charges.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Missy Elliott: The Legend ReturnsFor Marie Claire's August 2019 issue, Missy Elliott talks her upcoming seventh album, championing new talent, and how she's manifested her goals over the years.
Read more »
Missy Elliott: The Legend ReturnsFor Marie Claire's August 2019 issue, Missy Elliott talks her upcoming seventh album, championing new talent, and how she's manifested her goals over the years.
Read more »
Missy Elliott: The Legend ReturnsFor Marie Claire's August 2019 issue, Missy Elliott talks her upcoming seventh album, championing new talent, and how she's manifested her goals over the years.
Read more »
‘American Horror Story: 1984’: Summer Camp Gets Deadly in First Trailer (Watch)Summer camp becomes deadly in the trailer for “American Horror Story: 1984.” FX released a sneak peek of the ninth season on Monday, which tackles the slasher horror genre of the 1980s …
Read more »
Tennis: Mass exodus opens up bottom half of men's drawThe bottom half of the U.S. Open men's draw, where three-times champion Raf...
Read more »
Peloton reveals IPO documents showing widening losses of $245.7 million on sales of $915 millionPeloton, which previously said it had filed the paperwork confidentially, makes cycles and treadmills with screens for users to join live and recorded fitness classes from their homes, hotel rooms or offices.
Read more »