RTL Cuts 2024 Revenue Outlook on German TV Ad Softness, “Lower Growth” in Production Market ...Middle East

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RTL Cuts 2024 Revenue Outlook on German TV Ad Softness, “Lower Growth” in Production Market
source : NY Times News ( Middle East ) () 48
RTL Group, Europe’s largest broadcaster, reduced its full-year 2024 revenue forecast after a weaker-than-expected third quarter amid softer TV advertising trends in Germany, where the company was affected by the Summer Olympics in Paris. The company also noted slower momentum at its Fremantle production arm. RTL now predicts €6.3 billion ($6.68 billion) in 2024 revenue, […] The post RTL Cuts 2024 Revenue Outlook on German TV Ad Softness, “Lower Growth” in Production Market appeared first on NY Times News Today.

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