Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  RTL Group    RRTL   LU0061462528

RTL GROUP

(RRTL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Bertelsmann CEO Says Regulators Should Allow RTL, ProSieben Tie-Up -Frankfurter Allgemeine

share with twitter share with LinkedIn share with facebook
share via e-mail
02/17/2020 | 05:21am EDT

--RTL should be allowed to combine with rival ProSiebenSat.1 to give the German media companies a chance to compete with U.S. streaming giants, the CEO of Bertelsmann, RTL's majority shareholder, said in the Sunday edition of Frankfurter Allgemeine Zeitung.

--"It is vital that meaningful cooperations and even larger mergers are permitted to create national champions, for example in the television sector, such as with RTL and ProSiebenSat.1," Bertelsmann CEO Thomas Rabe said. "Otherwise, depending on developments, national companies won't stand a chance against the giants from Silicon Valley in a few years' time."

--Current competition law doesn't acknowledge the forms in which U.S. platforms increasingly dominate media and advertising, he said, and regulators lag years behind industry developments.

--"The TV business should be deregulated--the rules date back to the analog age when there was no YouTube, no Facebook, no Netflix," he said.

--Rabe, who heads Bertelsmann and RTL, says Bertelsmann is buying further shares in RTL but has no plans to take the broadcaster over completely or to delist it.

 

Full story (in German): https://bit.ly/39DsZBW

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK -2.55% 162.81 Delayed Quote.-18.73%
NETFLIX, INC. -1.77% 369.44 Delayed Quote.16.05%
PROSIEBENSAT.1 MEDIA SE -8.85% 6.582 Delayed Quote.-48.02%
RTL GROUP -1.82% 30.22 Delayed Quote.-30.15%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on RTL GROUP
03/13GLOBAL MARKETS LIVE: Companies multiply efforts against the coronavirus
03/13RTL sees coronavirus impact, but commits to streaming investment
RE
03/13RTL : 2019 Profit, Revenue Rose; Reports Some Advertising Cancellations
DJ
03/13RTL GROUP : Slide show results
CO
03/13RTL GROUP : Annual results
CO
03/12BMW : to Appoint Former RTL Executive Schaeferkordt to Supervisory Board
DJ
03/10RTL GROUP : annual earnings release
03/09RTL : An Introduction to RTL Group
PU
02/17Bertelsmann CEO Says Regulators Should Allow RTL, ProSieben Tie-Up -Frankfurt..
DJ
02/16THOMAS RABE : Rabe
RE
More news
Financials (EUR)
Sales 2019 6 673 M
EBIT 2019 1 092 M
Net income 2019 691 M
Debt 2019 380 M
Yield 2019 12,9%
P/E ratio 2019 6,87x
P/E ratio 2020 7,87x
EV / Sales2019 0,76x
EV / Sales2020 0,80x
Capitalization 4 718 M
Chart RTL GROUP
Duration : Period :
RTL Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RTL GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 40,08  €
Last Close Price 30,72  €
Spread / Highest target 95,3%
Spread / Average Target 30,5%
Spread / Lowest Target -2,34%
EPS Revisions
Managers
NameTitle
Thomas Hermann Rabe Chief Executive Officer & Executive Director
Martin Taylor Chairman
Elmar Heggen COO, Deputy CEO & Executive Director
Björn Bauer Chief Financial Officer
Vincent Pascaud Senior Vice President-Group IT & IT Governance
Sector and Competitors
1st jan.Capitalization (M$)
RTL GROUP-30.15%5 184
WALT DISNEY COMPANY (THE)-33.21%174 405
COMCAST CORPORATION-23.55%156 533
THE LIBERTY SIRIUSXM GROUP-34.32%9 972
VIACOMCBS INC.-66.62%8 798
FORMULA ONE GROUP-40.76%6 259