×
You will be redirected back to your article in seconds

No. 21: RTL Group

Luxembourg

Revenues: $3.676 billion

Profit: $61 million

If there’s a vote of confidence to be had in the broadcasting world, then RTL Group got it earlier this year. German media giant Bertelsmann was prepared to give up a 25% stake in itself in order to obtain a larger chunk of RTL Group (30%, giving it a majority share).

Once a random collection of European channels with a glaring lack of production subsidiaries, RTL has established itself as a force to be reckoned with: Revenues are up nearly 15% and RTL’s production biz has been transformed by last year’s merger with U.K. production giant Pearson Television (which was recently renamed FremantleMedia). The larger Pearson group, now chiefly a publishing concern (and thus no longer eligible for a spot on our list of the top 50 entertainment companies), still holds a 22% stake in RTL.

RTL Group often has been rumored to be eyeing Telefonica subsid Endemol Entertainment (producers of “Big Brother”), which would further diversify its production operation.

The group recently merged its sports-rights activities with Canal Plus and Jean-Claude Darmon to form an entity with annual revenues of 570 million euros ($518 million).

With 24 TV channels and 18 radio stations in 10 countries, RTL also is making a concerted effort to synergize. One project involves using its broadcasters to test out new productions from Pearson. Another idea is to bring together its channels to back a proposed film/licensing division to be built out of its sales and co-production arm CLT/Ufa Intl.

More Biz

  • Jennifer Lawrence Harvey Weinstein

    Harvey Weinstein Bragged of Sex With Jennifer Lawrence, Lawsuit Claims

    Harvey Weinstein was hit with a lawsuit Friday from an actress who claims he forcibly performed oral sex on her, repeatedly masturbated in front of her, and threatened to harm her career if she objected. According to the suit, Weinstein pushed her to the ground during a meeting in his office in 2013. He then [...]

  • Times Up Hollywood

    Time's Up Entertainment Announces New Industry Mentoring Initiative

    Time’s Up Entertainment, an affiliate of the Time’s Up coalition of women across industries working to improve workplace safety, has announced the “Who’s in the Room” industry mentoring initiative. The program’s goal is to increase the presence of people of color from diverse backgrounds in the entertainment industry’s executive ranks. Funded by a $500,000 grant from [...]

  • Tom Cruise as Ethan Hunt in

    Paramount Inks Deal for Theme Park in South Korea

    Paramount Pictures has announced a deal to install a studio-branded theme park in an entertainment resort being developed in South Korea. The agreement was struck between Paramount and Mohegan Gaming & Entertainment, which owns the Inspire Integrated Entertainment Resort in the South Korean city of Incheon. Mohegan has invested KRW 2.8 trillion ($2.4 billion) in [...]

  • Davan Maharaj Mel Gibson

    L.A. Times Publisher's Lawyer Was Accused of Extorting Mel Gibson

    The attorney who negotiated a $2.5 million exit package for L.A. Times publisher Davan Maharaj was previously accused of using secret recordings to extort actor Mel Gibson. Surreptitious recordings also figure in the Maharaj case. NPR reported on Wednesday that Maharaj taped Tronc chairman Michael Ferro. According to the report, Ferro was heard on the [...]

  • 'Blurred Lines' Suit Ends With $5

    'Blurred Lines' Suit Ends With $5 Million Judgement Against Robin Thicke, Pharrell Williams

    After five years, the legal battle over the copyright of the Robin Thicke’s 2013 hit “Blurred Lines” has ended, with Marvin Gaye’s family being awarded a final judgment of nearly $5 million against the song’s primary writers, Robin Thicke and Pharrell Williams, according to CNN and other reports. The pair were accused of copyright infringement [...]

  • WME Veteran Ari Greenburg Promoted to

    WME Veteran Ari Greenburg Promoted to President of Talent Agency

    WME veteran Ari Greenburg, one of the original Endeavor staffers who helped build the talent agency that became an industry powerhouse, has been promoted to president. Greenburg will oversee all daily operations across WME and its offices in Beverly Hills, New York, Nashville, London and Sydney. The promotion recognizes the role that Greenburg has played [...]

More From Our Brands

Access exclusive content