RTL Group has lowered its revenue forecast for the full year 2024. As the company announced at the publication of the business figures for the third quarterit now expects sales of around 6.3 billion euros for 2024. The previous estimate was 6.6 billion euros. The reasons for this are the ongoing weakness in the German advertising market and lower global revenue from the Fremantle subsidiary in the area of content production.
At the same time, streaming subscribers increased by 25 per cent to 6.3 million. All other figures, background information and forecasts can be found here.Â
Source: RTL Group press releaseÂ
Picture: © RTL