RTL Group grows streaming business
RTL Group today published the quarterly statement for the first nine months of 2025 (January to September 2025).
RTL Group today published the quarterly statement for the first nine months of 2025 (January to September 2025). Group revenue was down 2.2 per cent to €4,118 million (January to September 2024: €4,209 million), due to lower TV advertising revenue and lower content revenue from Fremantle. Group revenue in the third quarter of 2025 was stable at €1,337 million (Q3/2024: €1,338 million). RTL Group’s streaming services continued their dynamic growth.
Thomas Rabe, Chief Executive Officer of RTL Group, says: “The market environment remains challenging, with a reduction of TV advertising revenue in our core markets and an accelerated shift from linear TV to streaming. All streaming performance indicators – revenue, paying subscribers and viewing time – continue to point in the right direction. With 7.6 million paying subscribers at the end of September, we are confident to pass the 8 million mark by the end of this year. In 2025, we will reduce streaming start-up losses by more than half to around €50 million and thus remain firmly on track for a profitable streaming business in 2026.”
Rabe continues: “The German and French TV advertising markets have not gained momentum in the second half of the year as expected. For this reason, and despite additional gains in TV advertising market share in Germany and strict cost management, we are revising our Adjusted EBITA guidance for 2025 from around €780 million to €650 million. Short-term challenges do not change our medium-term Adjusted EBITA target of €1 billion. This is based on our strong market positions, streaming profitability from 2026 onwards, synergies from the acquisition of Sky Deutschland of €250 million, significant cost reductions and AI benefits. We are well positioned when the markets regain momentum. And once we have received regulatory approvals for the acquisition of Sky Deutschland, we will integrate the business with RTL, realise the targeted synergies and further boost our streaming business.”
