Fremantle Revenue Dips, RTL Group Streaming Subs Surge 25% in H1 2024 [Yahoo! Finance]
RTL GRP SA UNSP/ADR (RGLXY)
NASDAQ:AMEX Investor Relations:
ingenico.com/finance/ingenico-group-at-a-glance
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Source: Yahoo! Finance
The report highlighted a revenue decline at content arm Fremantle, contrasted by strong growth in streaming subscriptions. Fremantle, RTL's global content production business, saw revenue fall to €957 million ($1.04 billion) in the first half of 2024, down from just above €1 billion ($1.09 billion) in the same period last year. The company attributed the decrease to market developments and phasing effects, partially offset by the first-time full consolidation of recently acquired Asacha Media Group. More from Variety Jamie Oliver Series Land at Tastemade in Fremantle Deal (EXCLUSIVE) Con Woman Docuseries 'Fugitive: The Mystery of the Crypto Queen' Sells Wide (EXCLUSIVE) Music Industry Moves: Marina, Who Performs With Kylie in London's Hyde Park This Weekend, Inks With Volara Management Despite the revenue dip, Fremantle achieved significant creative success in the first half of the year. Notably, its film “Poor Things” from Element Pictures won 34 awards, including four Ac
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