🤩 New Era for Streaming! RTL Gobbles Up Sky Germany 🇩🇪
German media company RTL Deutschland purchases Sky Deutschland
Get ready for a powerful shake-up in the entertainment world! The RTL Group has announced it's purchasing Sky Germany, a game-changing move that promises to create a mega-streaming and TV platform. Here's the scoop on this blockbuster deal from the horse's mouth,Stephan Schmitter, CEO of RTL Germany. 🎯
The Big Merger: RTL and Sky Germany are about to become one. According to the buzz, both companies will merge with WOW, RTL's streaming service, creating a go-to destination for sports, entertainment, and information across streaming, free TV, and pay TV. The impressive figure? Around 11.5 million paying subscribers! 💰
The Bill: The purchase price stands at a cool 150 million euros, with a potential additional 377 million euros if RTL's group share price keeps rocketing. But don't worry, these numbers won't be coming straight out of your wallet, it's all business here! 💸
The Competition: Regulatory bodies, such as competition and media concentration authorities, still need to give their seal of approval. No worries, they're expected to sign off on the buy-in for next year. When it's official, RTL Group will become the full owner of Sky's biz in Germany, Austria, and Switzerland. The deal also includes the acquisition of the streaming brand WOW. 🕰️
What does this merger mean for you, the viewer? ✅
more sports! The newly combined forces will offer RTL exclusive premium sports rights, including major leagues like the Bundesliga, Premier League, Formula 1, and UEFA competitions. This will beef up RTL's competitive edge and attract sports enthusiasts like never before!
a one-stop content shop! By blending RTL's extensive libraries of entertainment, news, and original content (such as RTL+) with Sky Deutschland's premium offerings, the goal is to create a "super-app" that offers a seamless blend of sports, entertainment, and news content across streaming and traditional TV platforms. 📺
stronger against the international giants! This acquisition is part of RTL's strategic effort to fight the dominance of global streaming powerhouses like Netflix and Amazon Prime. By uniting forces, RTL aims to hold its own in the European market. 💪
So, buckle up! The future of streaming and TV is about to get a whole lot more exciting. With RTL, Sky Deutschland, and WOW under the same roof, the race for streaming supremacy is only going to heat up! 🚀
Sources: ntv.de, jga
- RTL
- RTLplus
- Sky
- Streaming
- TV
- As RTL Group merges with Sky Germany and acquires WOW, their combined finance will shape a new community policy, focusing on offering a one-stop content shop with a variety of sports, entertainment, and news content across streaming and traditional TV platforms.
- With the integration of finance from RTL, Sky Deutschland, and WOW, they aim to bolster their social policy by securing exclusive premium sports rights, such as Bundesliga, Premier League, Formula 1, and UEFA competitions, to challenge the global giants in the streaming market.
