Broadcast News

Bookmark and Share
06/02/2001

BERTELSMANN ACQUIRES 30 PER CENT OF RTL GROUP

CHANNEL 5 owner, the RTL Group, have announced that media giant Bertelsmann are to acquire the 30 per cent stake of RTL held by GBL through their majority company Electrafina.
The acquisition will be effected by way of a share swap whereby GBL will receive a 25.1 per cent shareholding in Bertelsmann. The present agreement is subject to approval by the GBL Board, Bertelsmann’s Supervisory Board and all relevant regulatory authorities.
Following the transaction, Bertelsmann together with their partner WAZ will control a 67 per cent stake in the RTL Group. Other shareholders will remain unaffected, Pearson plc will continue to hold 22 per cent, 10.3 per cent is publicly quoted at the London, Brussels and Luxembourg stock exchanges, and 0.7 per cent is held as treasury stock by RTL Group.
Bertelsmann and Pearson expect that this announcement will facilitate their plans to increase the proportion of publicly traded shares in the RTL Group. The shareholders also remain committed to maintaining the primary listing in London. RTL Group’s headquarters will remain based in Luxembourg. (CD)
VMI.TV Ltd

Top Related Stories
Click here for the latest broadcast news stories.

28/06/2004
RTL Group increases stake in Croatian TV channel RTL Televizija
RTL has reached an agreement with Pinta TV3 a acquire its 25% stake in RTL Televizija, the Zagreb-based television channel. Under the terms of the agr
26/02/2009
ScheduALL Reports 30 Per Cent Revenue Growth For 2008
ScheduALL, a leading provider of enterprise resource management (ERM) software for the broadcast and media industry, has announced significant growth
22/10/2001
ON-LINE DVD SALES TO GROW BY 566 PER CENT
ON-LINE sales of DVD video are set to rise by an incredible 566 per cent by 2005 according to a forecast by media analysts, Screen Digest, as part of
13/08/2001
33 PER CENT OF VIEWERS TUNE IN TO BBC INTERACTIVE
Despite the recent hot spell, the nation has stayed indoors this summer as interactive television fever sweeps through living rooms across the country
26/07/2001
BBC'S THREE PER CENT PAY RISE ACCEPTED
MEMBERS OF BECTU and the NUJ have voted to accept this year's pay rise. In two separate ballots, one for most of the BBC and another for BBC Resources
18/06/2001
BBC OPEN WITH 2.5 PER CENT PAY OFFER
ANNUAL pay talks at the BBC have been adjourned after unions called for a better offer. Management tabled an offer of a 2.5 per cent pay increase at a
16/05/2001
CHRYSALIS ANNOUNCE 50.1 PER CENT STAKE IN ECLIPSE
CHRYSALIS, one of the UK’s leading independent TV production groups, have announced the acquisition of a 50.1 per cent stake in Dublin based productio
30/03/2001
UTV ANNOUNCE 20 PER CENT INCREASE IN PROFITS
UTV have announced a 20 per cent increase in their television operating profit to £14.3m, up from £11.9m last year. John McCann, Managing Director of
01/02/2001
CARLTON TO BALLOT AFTER REJECTING 2.5 PER CENT
MEMBERS of BECTU, NUJ, and AEEU at Carlton TV are to ballot for industrial action over pay. The company's offer of a 2.5 per cent increase was turned
13/09/2006
RTL Group Choose Dalet OpenMedia
Dalet Digital Media Systems, an independent software vendor and a leading provider of media asset management and digital production tools, have announ
05/03/2003
RTL Group appoint new CEO
The RTL Group have announced the appointment of Gerhard Zeiler as their new Chief Executive, following the recent departure of Didier Bellens. Zeiler
08/02/2002
Pixel Power sells graphics system to RTL Group
Cambridge-based company Pixel Power has announced that the RTL Group has purchased Clarity, Collette and Graphite systems. RTL will integrate Clarity
23/03/2001
EYRE UNEXPECTEDLY QUITS RTL GROUP
RTL Group, Europe’s leading broadcast and content company, have announced that Richard Eyre, Director of Strategy and Content, and an Executive Direct
02/10/2001
ITC REPORT REVEALS ELECTION COVERAGE FATIGUE
INTEREST in watching General Election campaign coverage on television reached a low this year, with 70 per cent of viewers reporting that they had lit
11/09/2024
RTL Technology Deploys SDVI Rally Platform
SDVI has announced that German media company RTL Technology, a subsidiary of RTL Deutschland, is deploying the SDVI Rally platform as part of a cloud