Fremantle Owner Downgrades 2023 Financials Following Half-Year Profit Tumble ...Middle East

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Fremantle Owner Downgrades 2023 Financials Following Half-Year Profit Tumble
RTL Group, the owner of American Idol outfit Fremantle, has downgraded its full-year financial expectations following a tricky six months during which group profit tumbled by more than 50%, although Fremantle revenues grew slightly. Delivering its half-year results this morning, RTL cited “challenging TV advertising markets in particular in Germany” leading to group revenue dipping […]

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