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Home > Company Index > Media > Movie, Television & Music Production Services & Products > RTL Group
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RTL Group |
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NEWS FROM THE STANDARD |
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News Briefs
Feb 12 2001 12:00 AM PST
A Trustbuster Switches Sides
Feb 05 2001 12:00 AM PST
PROFILE |
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In the knock-down, drag-out fight for European television viewers, RTL Group is a top contender. The result of the 2000 merger of CLT-Ufa, a European television broadcaster, and Pearson Television, a unit of media conglomerate Pearson, RTL plans to make itself a pan-European television power. The group owns 22 television channels and 18 radio stations across 11 European countries. It also owns a television production business known for programming such as "Baywatch" (which ended its run in 2001), "The Price is Right," and "Neighbours". After a public offering on the London exchange, RTL's major shareholders include Bertelsmann (67%) and Pearson (22%).
COMPETITION |
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British Sky Broadcasting Group plc (BSY)
Carlton Communications PLC (CCTVY)
Granada plc (GAA)
DEALS |
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Deal: Bertelsmann Takes Over TV Broadcaster RTL
Date Announced: 02.05.01
Value of transaction (US $Mil): 9000
Description: German media giant's holding company buys 30% stake in European TV broadcaster from Groupe Bruxelles Lambert; GBL now holds a 25% stake in Bertelsmann AG, while Bertelsmann will hold a 67% stake in RTL.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 2,687.30
1-Yr. Sales Growth: 55.7%
Employees: 6,930
Revenue per employee: $387,777.78
KEY PEOPLE |
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Didier Bellens
CEO
Thomas Rabe
CFO
CONTACT INFO |
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R.C. Luxembourg B 10.B07
L-2850 Kirchberg, Luxembourg
Phone: 352-421-421
Fax: 352-421-42-2760
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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