RTL signs agreement to buy remaining 50% stake in Super RTL telecompaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecompaper.com Daily Mail and Mail on Sunday newspapers.
| 03 March 2021
Leading European media firm RTL Group has announced that its largest business unit, Mediengruppe RTL Deutschland, has signed a binding agreement with its current joint venture partner, Walt Disney Company-owned BVI Television Investments, to acquire the outstanding 50% shareholding in entertainment company Super RTL.
Super RTL was founded in 1995 as a 50/50 joint venture between RTL Group and The Walt Disney Company. With its umbrella brands, Toggo and Toggolino, it has developed into a digital entertainment company, distributing its content via linear TV channels, the RTL streaming service TV Now, digital radio and a variety of apps and websites. In addition, Super RTL operates a growing merchandising business.
RTL Group Takes Full Ownership of Super RTL worldscreen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldscreen.com Daily Mail and Mail on Sunday newspapers.