Jake Kanter International TV EditorFremantle unsurprisingly failed to escape the headwinds of coronavirus, with the international producer behind hits, including America’s Got Talent and Too Hot To Handle, reporting a big drop in revenue and earnings in the first half of 2020.According to parent company RTL’s results for the first six months of the year, Fremantle’s adjusted EBITA plummeted to €23M ($27M), which has less than half the €52M recorded over the same period in 2019.
Revenue dropped 14% to €707M ($836M).RTL said the declines were “mainly due to fewer deliveries of shows and postponements of productions as a result of the Covid-19 impact on numerous territories.” It added, however, that production has restarted in “most” of the.
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