The Limited Times

The RTL group separates from its branch in Belgium

6/29/2021, 6:36:16 AM


DECRYPTION - DPG Media and the Rossel group buy the subsidiary equally for 250 million euros. RTL Group is continuing its major maneuvers. Three months after having engaged M6-RTL to TF1, the Luxembourg group is continuing its sales. He announced yesterday the sale of his Belgian branch (three television channels and a few radio stations) to DPG Media and the Rossel group. This news is part of the strategy of CEO Thomas Rabe who seeks to concentrate the activities of his group. Read also:

RTL Group is continuing its major maneuvers.

Three months after having engaged M6-RTL to TF1, the Luxembourg group is continuing its sales.

He announced yesterday the sale of his Belgian branch (three television channels and a few radio stations) to DPG Media and the Rossel group.

This news is part of the strategy of CEO Thomas Rabe who seeks to concentrate the activities of his group.

Read also:

RTL Group marries its Dutch subsidiary to John de Mol

The two new owners will share the Belgian branch equally, for a total score of 250 million euros.

According to a press release, the sale will be effective at the end of 2021. Before this separation, RTL Group had taken control of the entire capital of RTL Belgium in December 2020. Barely bought, so soon sold.

Yet in the audiovisual world, RTL Belgium weighs heavily.

Its three channels (RTL-TVI, Club RTL and PLug RTL) form the leading television group in French-speaking Belgium.

The division also has radio stations, a streaming site and an information site.

So why want

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