BERLIN — Disney will not be selling its 50% stake in German family station Super RTL to joint shareholder CLT-Ufa, according to reports in the Suddeutsche Zeitung.
CLT-Ufa declined to comment on the report, which suggested that since Super RTL has performed exceptionally well recently, Disney has changed its mind about selling.
Previous press speculation suggested Disney had agreed to sell to CLT-Ufa. The Euro conglom admitted a continuing interest in forming a family of channels with mothership RTL, Super RTL and RTL2.
According to the report, Super RTL managing director Peter Heimes will also announce today that the channel will reach the break-even point next year.
Super RTL has seen its market share increase significantly in the past six months, reaching 3.4% in September, bringing it in line with other second generation channels.
In the 14- to 49-year-old group, Super RTL managed a 3% share in September. For the first six months of ’98 Super RTL was also the leader in the 3- to 13-year-old range with an 18.6% share.