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Fremantle Boosts Revenue By 25%; Hyperborea’s ‘Merry Ex-Mas’ & BBC One ‘Wolf’ Casting; Universal’s Buendía Estudios Deal; Off The Fence Sales – Global Briefs

Fremantle Boosts Revenue By 25% For RTL Group

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Fremantle Owner RTL Group Posts $1.6 Billion Profits for 2021

Naman Ramachandran Bertelsmann’s Luxembourg-based media giant RTL Group, which owns Fremantle, has declared a group profit of €1.5 billion ($1.65 billion) for 2021, up from €625 million in COVID-affected 2020.The RTL Group has interests in 67 television channels, 10 streaming platforms and 38 radio stations. The group’s content business, Fremantle, is one of the world’s largest creators, producers and distributors of scripted and unscripted content, including “American Idol,” “Britain’s Got Talent,” and “The X Factor.”Full-year group revenue was up 10.3% to €6.6 billion of which Fremantle accounted for €1.92 billion, a 25.3% increase. The group’s full-year adjusted EBITA climbed 35.1% to €1.1 billion, up from €853 million in 2020.

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BMG Revenues up 10% for 2019, Company Is ‘Well Prepared’ to Weather Coronavirus Pandemic

In its earnings report for 2019, BMG, the world’s fourth biggest music rights-holder, showed a revenue increase of 10.1% to $674 million for the year, according to Music Business Worldwide. The figures are included in the latest report from the firm’s Germany-based parent, Bertelsmann, which also showed that BMG’s operating EBITDA (Earnings before Interest, Tax, Depreciation and Amortization) at $155 million for the year — a 13.1% jump from last year’s

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BMG Revenues Grow By 10% as Owner Bertelsmann Says It's 'Well Prepared' to Survive Coronavirus Crisis

LONDON – BMG parent company Bertelsmann says it is "well prepared to emerge safely" from the current coronavirus crisis with group revenues rising to €18 billion ($19.3 billion) in 2019.BMG contributed €600 million ($645 million) to that total, a 10% rise on the previous year when revenues totaled €545 million ($586 million at today's currency conversion rates).The record label and publisher's operating earnings before interest, taxes, depreciation and amortization (EBITDA) were up 12.7% to €138 million ($148 million), according to Bertelsmann's year-end financial report.BMG is the first label to announce earnings since the coronavirus outbreak shutdown large parts of the music industry.Reflecting on the pandemic, Thomas Rabe, chairman and

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RTL Group Revenue Reaches All-Time High, Driven by Fremantle and Digital

European broadcasting giant RTL Group on Friday reported a 10% increase in 2019 profit as revenue reached a record €6.65 billion ($7.44 billion), driven mainly by higher sales from global content unit Fremantle and its digital business.

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Fremantle Revenues Dip As Lofty $3.3B Turnover Target Draws Nearer

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