You will be redirected back to your article in seconds

RTL triples net profit

German, French, Dutch, Belgian operations boost bottom line

Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result.

RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to strong performances from its main TV units — RTL Deutschland in Germany, Groupe M6 in France, RTL Nederland and RTL Belgium — reflecting strong growth in TV advertising markets across Western Europe.

RTL chief exec Gerhard Zeiler attributed the bottom line boost to the popularity of RTL’s channels as well as to major cost cuts.

“We’ve capitalized on the economic recovery because our TV channels emerged stronger from the crisis than before.”

RTL’s U.K.-based production arm FremantleMedia reported revenue growth of 7.5%, boosted by higher revenue in North America and France as well as portfolio and exchange rate effects, resulting in an operating profit of $194 million.

While pointing out that television profited more strongly than other media from the economic recovery in 2010, Zeiler said it was not possible to provide an accurate forecast for the current year.

“As a consequence, RTL Group remains cautious while at the same time being very optimistic about the TV industry’s overall growth prospects.”

More TV

  • Disney-ABC TV Chief on Weinstein's Victims,

    Disney-ABC TV Chief Ben Sherwood on Weinstein's Victims, Shonda Rhimes' Exit

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

  • Bill OReilly Roger Ailes Sexual Harrassment

    Bill O'Reilly, Roger Ailes Still Loom Over Fox's Business (Analysis)

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

  • RuPaul

    RuPaul Reveals the Queens Competing in 'RuPaul's Drag Race All Stars' Season 3

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

  • Donald Trump

    SAG-AFTRA Supports 'Unencumbered Press' After Trump's License Revocation Threat

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

  • Brent Briscoe Dead: 'Twin Peaks' and

    Brent Briscoe, 'Twin Peaks' and 'Parks and Recreation' Actor, Dies at 56

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

  • 'Magnum P.I.' Reboot in Development at

    'Magnum P.I.' Reboot in Development at CBS From Peter Lenkov With Production Commitment

    Net profits at pan-European TV network RTL Group nearly tripled last year to €611 million ($845 million), driving pre-tax operating profit to a record high of $1.5 billion, up 40% on the previous year and a $270 million improvement over the group’s previous best result. RTL’s annual revenue climbed 8.4% to $7.7 billion thanks to […]

More From Our Brands

Access exclusive content