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Bertelsmann 1H Rev EUR9 7B

RTL Group Revenue, Profits Hit by Weak Advertising, Streaming Business Continues Growth, Half Year Results Reveal

Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 5% to €3.1 billion ($3.4 billion) for the first half of 2023, financial results released on Tuesday have revealed. Adjusted EBITA (Earnings Before Interest, Taxes, and Amortization) was down to down to €250 million compared to €501 million during the same period …

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