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RTL Group sells M6 to invest in streaming

2021-03-12T19:10:36.910Z


Thomas Rabe, CEO of RTL Group, is reorganizing the face of his media group. Thomas Rabe, CEO of Bertelsmann, confirmed, on Friday morning, on the occasion of the presentation of the annual results of RTL Group (audiovisual subsidiary), his desire to sell M6-RTL in France. However, he gave no details on the identity of potential buyers, on a possible first selection or on the timing of the operation. Read also: The German Bertelsmann leads the European media revolt agains


Thomas Rabe, CEO of Bertelsmann, confirmed, on Friday morning, on the occasion of the presentation of the annual results of RTL Group (audiovisual subsidiary), his desire to sell M6-RTL in France.

However, he gave no details on the identity of potential buyers, on a possible first selection or on the timing of the operation.

Read also:

The German Bertelsmann leads the European media revolt against the Gafa

However, he returned to his strategic vision, which is both to focus on its businesses and to participate in the consolidation of free television.

"We must succeed in building national champions,"

he explained.

This is the meaning of the sale of the French subsidiary M6-RTL.

Because Thomas Rabe believes that the M6 ​​channels and RTL radio stations will be better in the hands of another French actor.

RTL Group has decided to refocus on three markets: free television in an audience base where it is the leader (Germany, the Netherlands and Belgium where it has strengthened), audiovisual production with Fremantle

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Source: lefigaro

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