F Ul L Ye Ar R Es Ults 2 01 9

Total Page:16

File Type:pdf, Size:1020Kb

F Ul L Ye Ar R Es Ults 2 01 9 FULL YEAR RESULTS 2019 ENTERTAIN. INFORM. ENGAGE. KEY FIGURES SHARE PERFORMANCE (1 January 2019 to 31 December 2019) +31.15 % MDAX +16.41 % SXMP –5.82 % RTL GROUP INDEX = 100 –10.55 % PROSIEBENSAT1 RTL Group share price development for January to December 2019 based on the Frankfurt Stock Exchange (Xetra) against MDAX, Euro Stoxx 600 Media and ProSiebenSat1 Fremantle’s America’s Got Talent: The Champions is a prime-time hit on NBC. 2 RTL Group Full-year results 2019 REVENUE 2015 – 2019 (€ million) EBITA 2015 – 2019 (€ million) 19 6,651 19 1,139 18 6,505 18 1,171 17 6,373 17 1,248 16 6,237 16 1,205 15 6,029 15 1,167 PROFIT FOR THE YEAR 2015 – 2019 (€ million) EQUITY 2015 – 2019 (€ million) 19 864 19 3,825 18 785 18 3,553 17 837 17 3,432 16 816 16 3,552 15 863 15 3,409 MARKET CAPITALISATION* 2015 – 2019 (€ billion) TOTAL DIVIDEND / DIVIDEND YIELD PER SHARE 2015 – 2019 (€) (%) 19 6.8 19 4.00 8.7 18 7.2 18 4.00* 6.3 17 10.4 17 4.00** 5.9 16 10.7 16 4.00*** 5.4 15 11.9 15 4.00**** 4.9 *As of 31 December * Including an interim dividend of € 1.00 per share, paid in September 2018 ** Including an interim dividend of € 1.00 per share, paid in September 2017 *** Including an interim dividend of € 1.00 per share, paid in September 2016 **** Including an extraordinary interim dividend of € 1.00 per share, paid in September 2015 CASH CONVERSION RATE* 2015 – 2019 (%) PLATFORM REVENUE* 2015 – 2019 (€ million) 19 105 19 368 18 90 18 343 17 104 17 319 16 97 16 281 15 87 15 248 *Calculated as operating pre-tax free cash flow as a percentage of EBITA * Revenue generated across all distribution platforms (cable, satellite, IPTV) including subscription and re-transmission fees 3 RTL Group Full-year results 2019 “ WE ARE BOOSTING OUR STREAMING SERVICES AND GLOBAL CONTENT BUSINESSES” “Driven by the strong performances of our three largest business units, RTL Group achieved all financial goals in 2019: revenue grew on an underlying basis by 3.2 per cent, EBITA remained broadly stable despite higher investments, and Group profit was up by 10 per cent. Our strategy builds upon three priorities. Firstly, strengthening our core businesses including consolidation across our broadcasting footprint. Secondly, boosting our streaming services and global content business, Fremantle. And thirdly, fostering alliances and partnerships in the European media industry. Within this framework, we put a particular focus on becoming national streaming champions in the countries where RTL Group has leading families of channels and on building an open European tech platform for streaming services. Over the next five years, we aim to grow the number of paying subscribers for our streaming services TV Now in Germany and Videoland in the Netherlands to between 5 and 7 million, to grow our streaming revenue to at least € 500 million and to break even by 2025.” Thomas RABE CHIEF EXECUTIVE OFFICER RTL GROUP 2019 REVENUE OF € 6.7 BILLION AT ALL-TIME HIGH, PROFIT UP 10 PER CENT Revenue up 3.2 per cent on an underlying basis Adjusted EBITA broadly stable at € 1.16 billion, despite higher investments Profit for the year up 10.1 per cent to € 864 million Attractive shareholder returns: dividend of € 4.00 per share represents 81 per cent of the reported EPS, in line with the new dividend policy Mediengruppe RTL Deutschland and Groupe M6 with higher audience and TV advertising market shares; Fremantle with revenue growth of 12.6 per cent Paying subscribers for RTL Group’s streaming services TV Now and Videoland up 37 per cent to 1.44 million RTL Group to boost its streaming services, targeting 5 to 7 million paying subscribers by 2025 Luxembourg, 13 March 2020 − RTL Group announces its audited results for the year ended 31 December 2019. FINANCIAL REVIEW 2019 2018 Per cent € m € m change Revenue 6,651 6,505 +2.2 Underlying revenue1 6,518 6,317 +3.2 Adjusted EBITA 1,156 1,171 (1.3) Adjusted EBITA margin (per cent) 17.4 18.0 Reported EBITA 1,139 1,171 (2.7) EBITDA2 1,405 1,380 +1.8 Impairment losses of goodwill – (105) Impairment of investments accounted for using the equity method (50) (2) Depreciation, amortisation and impairment (281) (224) Re-measurement of earn-out arrangements and gain / (loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree 87 27 EBIT4 1,161 1,076 +7.9 Net financial expense (5) (13) Income tax expense (292) (278) Profit for the year 864 785 +10.1 Attributable to: – Non-controlling interests 110 117 1 Adjusted for scope changes, the – RTL Group shareholders 754 668 +12.9 wind-down of StyleHaul and at constant exchange rates 2 See note 3.˙ to the consolidated ( ) financial statements in the Reported EPS in € 4.91 4.35 +12.9 RTL Group Annual Report 2019 5 RTL Group Full-year results 2019 RTL GROUP REPORTS RECORD REVENUE FOR THE FIFTH CONSECUTIVE YEAR ■ Group revenue increased 2.2 per cent to € 6,651 stable at € 1,156 million (2018: € 1,171 million). The million (2018: € 6,505 million), mainly driven by Adjusted EBITA margin was 17.4 per cent. higher revenue from Fremantle and RTL Group’s Reported EBITA6 was € 1,139 million compared to digital businesses. On an underlying basis3 revenue € 1,171 million in 2018 (down 2.7 per cent). grew by 3.2 per cent. ■ Profit for the year increased by 10.1 per cent to ■ Digital revenue4 was up by 8.9 per cent to € 1,073 € 864 million (2018: € 785 million), mainly due to the million (2018: € 985 million). Digital revenue capital gain from the disposal of Universum Film and accounted for 16.1 per cent of RTL Group’s total lower impairments. revenue (2018: 15.1 per cent). ■ Net cash from operating activities was ■ Streaming revenue5 from TV Now and Videoland € 1,085 million, representing an operating cash was up by 46.7 per cent, to € 135 million (2018: conversion rate of 105 per cent (2018: 90 per cent). € 92 million). Net debt6 was € 384 million at the end of 2019 (2018: € 470 million). ■ RTL Group’s revenue is well diversified, with 44.2 per cent from TV advertising, 21.6 per cent from ■ RTL Group’s Board of Directors has proposed a content, 16.1 per cent from digital activities, 5.5 per dividend of € 4.00 per share for 2019 – on the cent from platform revenue, 4.1 per cent from radio same level as in previous years. advertising, and 8.5 per cent from other revenue. ■ Based on the average share price in 2019 (€ 45.807), ■ Adjusted for one-time effects related to the the dividend of € 4.00 per share represents a restructuring of RTL Group’s Corporate Centre in dividend yield of 8.7 per cent and 81 per cent of the Luxembourg (€ 17 million in 2019), EBITA was broadly reported EPS (€ 4.91; up 12.9 per cent year on year). 3 Adjusted for scope changes, the wind-down of StyleHaul and at constant exchange rates 4 “Digital” refers to internet- related activities with the exception of online sales of merchandise (“e-commerce”). Digital revenue spreads over the different categories of revenue, i.e. other advertising sales, revenue from distribution and licensing content, consumer and professional services 5 Streaming revenue includes SVOD, TVOD and in-stream revenue from TV Now and Videoland 6 See note 3.˙ to the consolidated financial statements in the RTL Group Annual Report 2019 7 Frankfurt Stock Exchange 6 RTL Group Full-year results 2019 STRENGTHENING RTL GROUP’S CORE ■ Mediengruppe RTL Deutschland’s channels ■ Vox Up was the latest addition to the German family increased their combined audience share in the of channels. The new free-to-air channel shares the main target group of viewers aged 14 to 59, by advertising breaks with its sister channel Vox, while 0.6 percentage points to 28.1 per cent. This was broadcasting different programmes and thus largely due to the positive performance of the main offering more net reach for advertisers. channel RTL Television, which increased its audience share for the first time since 2011. ■ Groupe M6 completed the acquisition of France’s leading free-to-air digital channel for children, Gulli, ■ Mediengruppe RTL Deutschland outperformed the and five pay-TV channels from Lagardère. As a German net TV advertising market, also thanks to result, Groupe M6 gained audience and TV the power of the German Ad Alliance. advertising market shares in 2019. BOOSTING GROWTH BUSINESSES ■ At the end of 2019, RTL Group registered Belgium, Hungary and Croatia. RTL Group has 1.44 million paying subscribers for its streaming agreed to become a 50 per cent shareholder of services (TV Now in Germany and Videoland in the Bedrock, which will be a European platform open to Netherlands), up 37 per cent year on year. The third parties. viewing times of TV Now and Videoland also increased over the year, by 31 per cent and 45 per ■ Fremantle ’s revenue was up 12.6 per cent to cent respectively. € 1,793 million (2018: € 1,592 million). Its drama business continued to grow, with the second season ■ RTL Group aims to grow its total number of paying of American Gods, the first commission for Norway subscribers in Germany and the Netherlands to with Exit, and the second seasons of The New Pope between 5 and 7 million, to grow streaming revenue and My Brilliant Friend: The Story of a New Name.
Recommended publications
  • Television Advertising Insights
    Lockdown Highlight Tous en cuisine, M6 (France) Foreword We are delighted to present you this 27th edition of trends and to the forecasts for the years to come. TV Key Facts. All this information and more can be found on our This edition collates insights and statistics from dedi cated TV Key Facts platform www.tvkeyfacts.com. experts throughout the global Total Video industry. Use the link below to start your journey into the In this unprecedented year, we have experienced media advertising landscape. more than ever how creative, unitive, and resilient Enjoy! / TV can be. We are particularly thankful to all participants and major industry players who agreed to share their vision of media and advertising’s future especially Editors-in-chief & Communications. during these chaotic times. Carine Jean-Jean Alongside this magazine, you get exclusive access to Coraline Sainte-Beuve our database that covers 26 countries worldwide. This country-by-country analysis comprises insights for both television and digital, which details both domestic and international channels on numerous platforms. Over the course of the magazine, we hope to inform you about the pandemic’s impact on the market, where the market is heading, media’s social and environmental responsibility and all the latest innovations. Allow us to be your guide to this year’s ACCESS OUR EXCLUSIVE DATABASE ON WWW.TVKEYFACTS.COM WITH YOUR PERSONAL ACTIVATION CODE 26 countries covered. Television & Digital insights: consumption, content, adspend. Australia, Austria, Belgium, Brazil, Canada, China, Croatia, Denmark, France, Finland, Germany, Hungary, India, Italy, Ireland, Japan, Luxembourg, The Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, UK and the US.
    [Show full text]
  • Aanvullende Voorwaarden Unlimited & Entertainment
    Aanvullende voorwaarden Unlimited & Entertainment 1. Algemeen 2.2 Om gebruik te maken van de diensten van Netflix en 1.1 Deze Aanvullende Voorwaarden Unlimited & Entertainment Videoland als onderdeel van het U&E abonnement dien je zijn van toepassing op het abonnement Go Unlimited data zelf een nieuw account aan te maken bij Partners en + bellen – Entertainment, hierna te noemen “U&E”. U&E is de nieuwe danwel een bestaand Partner account te koppelen een variant van de Go abonnementen van T-Mobile en bestaat aan U&E volgens de procedure die op de T-Mobile website uit de diensten genoemd in je Overeenkomst inclusief: staat vermeld dan wel via de procedures van haar Partners n Netflix Standaard + Videoland Plus (“Entertainment”). die worden gecommuniceerd via e-mail en/of SMS. 1.2 Met U&E biedt T-Mobile je de mogelijkheid om Entertainment 2.3 T-Mobile behoudt zich het recht voor om deze Aanvullende welke geleverd wordt door de bedrijven Netflix International Voorwaarden eenzijdig te wijzigen of aan te vullen. T-Mobile B.V. (hierna te noemen: “Netflix”) en Videoland B.V. (hierna zal je hier dan tijdig over informeren. Voorts behoudt te noemen: “Videoland”) (en gezamenlijk hierna te noemen: T-Mobile zich het recht voor om U&E op enig moment in de “Partners”) toegang tot te verkrijgen en betaal je een bedrag toekomst te mogen wijzigen indien haar samenwerking/ voor U&E waar Entertainment zit inbegrepen, middels je overeenkomst met een of beide Entertainment Partners voor T-Mobile factuur. Met Entertainment heb je onbeperkt de afname van Entertainment eindigt.
    [Show full text]
  • Rapport Annuel Sur Les Obligations Des Services Des Médias Audiovisuels Édités Par Le Groupe M6
    Rapport annuel sur les obligations des services des médias audiovisuels édités par le groupe M6 Année 2017 Décembre 2018 travaux Les collections CSA © Conseil supérieur de l’audiovisuel Rapport CSA année 2017 – Groupe M6 Sommaire Groupe M6 (TV gratuite, TV payantes, SMAD) en 2017 ................................................................... 5 La programmation et le respect des obligations spécifiques des chaînes éditées par le groupe M6 ......................................................................................................................................... 9 La programmation des chaînes gratuites éditées par le groupe M6 et le respect de leurs engagements spécifiques 9 L’offre de programmes de M6, W9 et 6ter .................................................................................... 9 Analyse du format de M6, W9 et 6ter dans le cadre du respect de leurs engagements spécifiques .................................................................................................................................... 15 Les services de télévision payants édités par le groupe M6 39 Le respect des obligations générales des chaînes éditées par le groupe M6 ............................ 40 Obligations relatives à la protection du jeune public 40 Obligations relatives aux communications commerciales 46 La publicité .................................................................................................................................... 46 Le parrainage, le téléachat, le placement de produit..................................................................
    [Show full text]
  • Full-Year Results 2020
    FULL-YEAR RESULTS 2020 ENTERTAIN. INFORM. ENGAGE. KEY FIGURES +18.01 % SDAX +8.77 % MDAX SHARE PERFORMANCE 1 January 2020 to 31 December 2020 in per cent INDEX = 100 -7.65 % SXMP -9.37 % RTL GROUP -1.11 % PROSIEBENSAT1 RTL Group share price development for January to December 2020 based on the Frankfurt Stock Exchange (Xetra) against MDAX/SDAX, Euro Stoxx 600 Media and ProSiebenSat1 RTL GROUP REVENUE SPLIT 8.5 % OTHER 17.5 % DIGITAL 43.8 % TV ADVERTISING 20.0 % CONTENT 6.7 % 3.5 % PLATFORM REVENUE RADIO ADVERTISING RTL Group’s revenue is well diversified, with 43.8 per cent from TV advertising, 20.0 per cent from content, 17.5 per cent from digital activities, 6.7 per cent from platform revenue, 3.5 per cent from radio advertising, and 8.5 per cent from other revenue. 2 RTL Group Full-year results 2020 REVENUE 2016 – 2020 (€ million) ADJUSTED EBITA 2016 – 2020 (€ million) 20 6,017 20 853 19 6,651 19 1,156 18 6,505 18 1,171 17 6,373 17 1,248 16 6,237 16 1,205 PROFIT FOR THE YEAR 2016 – 2020 (€ million) EQUITY 2016 – 2020 (€ million) 20 625 20 4,353 19 864 19 3,825 18 785 18 3,553 17 837 17 3,432 16 816 16 3,552 MARKET CAPITALISATION* 2016 – 2020 (€ billion) TOTAL DIVIDEND/DIVIDEND YIELD PER SHARE 2016 – 2020 (€ ) (%) 20 6.2 20 3.00 8.9 19 6.8 19 NIL* – 18 7.2 18 4.00** 6.3 17 10.4 17 4.00*** 5.9 16 10.7 16 4.00**** 5.4 *As of 31 December *On 2 April 2020, RTL Group’s Board of Directors decided to withdraw its earlier proposal of a € 4.00 per share dividend in respect of the fiscal year 2019, due to the coronavirus outbreak ** Including
    [Show full text]
  • Edition 2016 Entertain. Inform. Engage
    EDITION 2016 FULL YEAR RESULTS ENTERTAIN. INFORM. ENGAGE. KEY FIGURES SHARE PRICE PERFORMANCE 01/01/2016 – 31/12/2016 + 6.8 % MDAX INDEX = 100 – 7.6 % EURO STOXX 600 MEDIA – 9.5 % RTL GROUP – 21.7 % PROSIEBENSAT1 RTL Group share price development for January to December 2016 based on the Frankfurt Stock Exchange (Xetra) against MDAX, Euro Stoxx 600 Media and ProSiebenSat1 11.5 % OTHER 10.7 % DIGITAL 48.0 % 21.2 % TV ADVERTISING CONTENT 4.5 % PLATFORM REVENUE 4.1 % RADIO ADVERTISING RTL Group Revenue Split In 2016, TV advertising accounted for 48.0 per cent of RTL Group’s total revenue, making the Group one of the most diversified groups when it comes to revenue. Content represented 21.2 per cent of the total, while greater exposure to fast-growing digital revenue streams and higher margin platform revenue will further improve the mix. 2 RTL Group Full-year results 2016 Key figures REVENUE 2012 – 2016 (€ million) EBITA 2012 – 2016 (€ million) 16 6,237 16 1,205 15 6,029 15 1,167 14 5,808 14 1,144* 13 5,824* 13 1,148** 12 5,998 12 1,078 * Restated for IFRS 11 * Restated for changes in purchase price allocation ** Restated for IFRS 11 NET PROFIT ATTRIBUTABLE TO RTL GROUP SHAREHOLDERS 2012 – 2016 (€ million) EQUITY 2012 – 2016 (€ million) 16 720 16 3,552 15 789 15 3,409 14 652* 14 3,275* 13 870 13 3,593 12 597 12 4,858 * Restated for changes in purchase price allocation * Restated for changes in purchase price allocation TOTAL DIVIDEND/ MARKET CAPITALISATION* 2012 – 2016 (€ billion) DIVIDEND YIELD PER SHARE 2012 – 2016 (€ ) (%) 16 10.7 16
    [Show full text]
  • Liste Des Programmes Luxembourgeois
    Services de télévision sur antenne soumis au contrôle de l’ALIA Dernière mise à jour : mars 2021 Services radiodiffusés à rayonnement international Nom du service Fournisseur de service RTL TVi RTL Belux s.a. & cie s.e.c.s. Club RTL 43, boulevard Pierre Frieden L-1543 Luxembourg Plug RTL RTL 4 Teleshop 4 RTL 5 Teleshop 5 RTL 7 Teleshop 7 RTL 8 Teleshop 8 RTL Telekids CLT-Ufa s.a. RTL Lounge 43, boulevard Pierre Frieden L-1543 Luxembourg RTL Crime RTL Z Film+ RTL II RTL+ RTL Gold Sorozat Musika TV Cool Page 1 sur 19 Service radiodiffusé visant le public résidant Nom du service Fournisseur de service RTL Télé Lëtzebuerg CLT-Ufa s.a. 43, boulevard Pierre Frieden 2ten RTL Télé Lëtzebuerg L-1543 Luxembourg Services luxembourgeois par satellite Nom du service Fournisseur de service Nordliicht a.s.b.l. Nordliicht 22, route de Diekirch L-9381 Moestroff Uelzechtkanal a.s.b.l. c/o Lycée de garçons Esch Uelzechtkanal 71, rue du Fossé L-4123 Esch/Alzette Dok TV s.a. .dok den oppene kanal 36, rue de Kopstal L-8284 Kehlen Luxembourg Movie Production a.s.b.l. Kanal 3 5, rue des Jardins L-7325 Heisdorf Osmose Media s.a. Euro D 177, rue de Luxembourg L-8077 Bertrange Luxe.TV (HD) (version anglaise) Luxe.TV (HD) (version française) Opuntia s.a. Luxe.TV Luxembourg (UHD 4K) 45, rue Siggy vu Lëtzebuerg (version anglaise) L-1933 Luxembourg Luxe TV Luxembourg (UHD 4K) (version française) Goto Luxe.TV (SD) (version anglaise) N 1 (version croate) N 1 (version bosnienne) Adria News s.à r.l.
    [Show full text]
  • Groupe M6 Is Opening up Bedrock's Capital to Rtl
    GROUPE M6 IS OPENING UP BEDROCK’S CAPITAL TO RTL GROUP TO CREATE THE EUROPEAN LEADER IN STREAMING TECHNOLOGY The growth in video consumption across all screens and on demand (AVOD and SVOD) represents a genuine opportunity to strengthen the power of TV channels and brands. These new usage patterns are based on cutting-edge technologies that require substantial investment, but which become strategic assets for the companies that control them. Since 2008, Groupe M6 has been anticipating the need for and significance of these technologies for its business and has been developing in-house expertise around its catch-up television platform M6 Replay, and from 2013, around its streaming service 6play. This technology unit, now called Bedrock and led by Jonas Engwall, has more than 200 employees and has developed a technology platform which is currently used by 6Play, RTL Belgium, RTL Hungary and RTL Croatia. From June 2020, this platform will also be used by the Salto SVOD service which is being launched by the groups TF1, France Télévisions and M6. RTL Nederland will also use this technology for the next version of its catch-up and SVOD services, RTL XL and Videoland. Bedrock aims to license its technology platform to further European broadcasters, also outside RTL Group. With the aim of continuing its development and pooling investments on a European scale, Groupe M6 is opening up Bedrock’s capital, enabling RTL Group to acquire a 50% stake. With this transaction, Groupe M6 and RTL Group aim to create a European leader in streaming technology. Bedrock’s capital may further be opened up to other shareholders.
    [Show full text]
  • 2020: M6 MODEL SUCCESSFULLY ADJUSTED in RESPONSE to the COVID-19 CRISIS TV Business: EBITA Stable (€225.6M Vs
    CONSOLIDATED RESULTS AT 31 DECEMBER 2020 2020: M6 MODEL SUCCESSFULLY ADJUSTED IN RESPONSE TO THE COVID-19 CRISIS TV business: EBITA stable (€225.6m vs. €223.6m in 2019) Group EBITA: €270.7m – 2nd highest ever Operating margin: 21.3% (up 1.7pp) nd Net profit: €276.6m – 2 highest ever (€ millions) 2020 2019 restated1 % change Consolidated revenue2 1,273.6 1,456.1 -12.5% Group advertising revenue 980.5 1,107.9 -11.5% - of which TV advertising revenue 829.5 930.4 -10.8% - of which other advertising revenue 151.0 177.5 -14.9% Group non-advertising revenue 293.1 348.2 -15.8% Consolidated profit from recurring operations (EBITA)3 270.7 284.4 -4.8% Operating margin from recurring operations 21.3% 19.5% 1.7pp Capital gains and losses on asset disposals 123.5 1.0 n.a Operating income and expenses related to business combinations (13.2) (10.5) +25.2% Operating profit (EBIT) from continuing operations 381.0 274.9 +38.6% Net financial income/(expense) (4.9) (4.6) n.a Share of profit/(loss) of joint ventures and associates (11.1) 4.5 n.a Income tax (88.5) (101.5) -12.8% Net profit from continuing operations 276.6 173.3 +59.6% Net profit/(loss) from discontinued operations 0.0 (1.4) n.a Net profit for the period 276.6 171.9 +60.9% Net profit for the period - Group share 276.7 171.9 +61.0% In 2020, M6 Group recorded consolidated revenue of €1,273.6 million, a decline of €182.5 million (12.5%).
    [Show full text]
  • M6 MUSIC.Pdf
    CONVENTION ENTRE LE CONSEIL SUPÉRIEUR DE L'AUDIOVISUEL ET LA SOCIÉTÉ M6 COMMUNICATION, CI-APRÈS DÉNOMMÉE L’ÉDITEUR, CONCERNANT LE SERVICE DE TÉLÉVISION M6 MUSIC Version consolidée à partir de : - la convention conclue le 2 décembre 2015 modifiée par - l’avenant n° 1 signé le 20 décembre 2017 (art. 3-2-2, annexe 3) - l’avenant n° 2 signé le 20 décembre 2018 (art. 2-3-1, art. 2-3-7, art. 2-3-8, art 2-3-9) Les responsabilités et les engagements qui incombent à l’éditeur sont issus des principes généraux édictés par la loi n° 86-1067 du 30 septembre 1986 modifiée relative à la liberté de communication, notamment le respect de la dignité de la personne humaine, la protection de l'enfance et de l'adolescence, le caractère pluraliste de l'expression des courants de pensée et d'opinion, l'honnêteté de l'information, la qualité et la diversité des programmes, le développement de la production et de la création cinématographique et audiovisuelle nationales, la défense et l'illustration de la langue et de la culture françaises. Sur le fondement des dispositions de l'article 33-1 de cette loi, les parties se sont entendues sur les stipulations suivantes. PREMIÈRE PARTIE OBJET DE LA CONVENTION ET PRÉSENTATION DE L’ÉDITEUR Article 1-1 : objet de la convention La présente convention a pour objet de fixer les règles particulières applicables au service dénommé M6 MUSIC ainsi que les pouvoirs que le Conseil supérieur de l’audiovisuel détient pour assurer le respect des obligations incombant à l’éditeur.
    [Show full text]
  • Interim Results H1/2019 28 August 2019
    INTERIM RESULTS H1/2019 28 AUGUST 2019 28 AUGUST 2019 1 AGENDA HALF-YEAR 2019 GROUP OPERATIONAL STRATEGY & HIGHLIGHTS FINANCIALS HIGHLIGHTS OUTLOOK 2019 Highlights NEW LEADERSHIP STRUCTURE New Group Management Committee of RTL Group Thomas Rabe Elmar Heggen Björn Bauer Chief Executive Officer, RTL Group Deputy Chief Executive Officer and Chief Financial Officer, RTL Group Chief Operating Officer, RTL Group Jennifer Mullin Bernd Reichart Nicolas de Tavernost Chief Executive Officer, Chief Executive Officer, Chief Executive Officer, Fremantle Mediengruppe RTL Deutschland Groupe M6 3 Highlights RTL GROUP CONTINUES TO DELIVER ON ITS TOTAL VIDEO STRATEGY… 1 Leading market positions, high profitability – key for current investment cycle in the media industry Fast growth in VOD and content BROADCAST 2 as subscriber growth continues and content strategy pays off 3 New alliances and partnerships to actively shape the future of the European Total Video industry TOTAL VIDEO STRATEGY 4 Highlights …ACHIEVING ITS HIGHEST EVER FIRST-HALF REVENUE +4.2% Revenue: €3,173m BROADCAST -1.8% -1.0pp EBITA: €538m Margin: 17.0% Profit for +21.0% the period: €443m 5 Highlights HIGHLY DIVERSIFIED – DYNAMIC DIGITAL REVENUE GROWTH RTL Group H1 2019 revenue split Digital revenue split TV advertising In € million 44.3% MPNs: €153m +9.3% +21.0% 513 VOD1: €122m +27.1% Content MPNs 20.9% VOD €3.2bn Content: €104m +89.1% 424 (Fremantle) Content Other 2 9.0% Digital Ad-tech Ad-tech : €83m +18.6% 16.2% Other Other: 4.0% H1 2018 H1 2019 €51m (20.3)% Radio 14% 16% advertising 5.6% % of total revenue Platform revenue 6 Notes: 1.
    [Show full text]
  • Full-Year Results 2020
    FULL-YEAR RESULTS 2020 ENTERTAIN. INFORM. ENGAGE. KEY FIGURES +18.01 % SDAX +8.77 % MDAX SHARE PERFORMANCE 1 January 2020 to 31 December 2020 in per cent INDEX = 100 -7.65 % SXMP -9.37 % RTL GROUP -1.11 % PROSIEBENSAT1 RTL Group share price development for January to December 2020 based on the Frankfurt Stock Exchange (Xetra) against MDAX/SDAX, Euro Stoxx 600 Media and ProSiebenSat1 RTL GROUP REVENUE SPLIT 8.5 % OTHER 17.5 % DIGITAL 43.8 % TV ADVERTISING 20.0 % CONTENT 6.7 % 3.5 % PLATFORM REVENUE RADIO ADVERTISING RTL Group’s revenue is well diversified, with 43.8 per cent from TV advertising, 20.0 per cent from content, 17.5 per cent from digital activities, 6.7 per cent from platform revenue, 3.5 per cent from radio advertising, and 8.5 per cent from other revenue. 2 RTL Group Full-year results 2020 REVENUE 2016 – 2020 (€ million) ADJUSTED EBITA 2016 – 2020 (€ million) 20 6,017 20 853 19 6,651 19 1,156 18 6,505 18 1,171 17 6,373 17 1,248 16 6,237 16 1,205 PROFIT FOR THE YEAR 2016 – 2020 (€ million) EQUITY 2016 – 2020 (€ million) 20 625 20 4,353 19 864 19 3,825 18 785 18 3,553 17 837 17 3,432 16 816 16 3,552 MARKET CAPITALISATION* 2016 – 2020 (€ billion) TOTAL DIVIDEND/DIVIDEND YIELD PER SHARE 2016 – 2020 (€ ) (%) 20 6.2 20 3.00 8.9 19 6.8 19 NIL* – 18 7.2 18 4.00** 6.3 17 10.4 17 4.00*** 5.9 16 10.7 16 4.00**** 5.4 *As of 31 December *On 2 April 2020, RTL Group’s Board of Directors decided to withdraw its earlier proposal of a € 4.00 per share dividend in respect of the fiscal year 2019, due to the coronavirus outbreak ** Including
    [Show full text]
  • Goncalves Et Al
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Gonçalves, Vânia; Evens, Tom; Alves, Artur Pimenta; Ballon, Pieter Conference Paper Power and control strategies in online video services 25th European Regional Conference of the International Telecommunications Society (ITS): "Disruptive Innovation in the ICT Industries: Challenges for European Policy and Business" , Brussels, Belgium, 22nd-25th June, 2014 Provided in Cooperation with: International Telecommunications Society (ITS) Suggested Citation: Gonçalves, Vânia; Evens, Tom; Alves, Artur Pimenta; Ballon, Pieter (2014) : Power and control strategies in online video services, 25th European Regional Conference of the International Telecommunications Society (ITS): "Disruptive Innovation in the ICT Industries: Challenges for European Policy and Business" , Brussels, Belgium, 22nd-25th June, 2014, International Telecommunications Society (ITS), Calgary This Version is available at: http://hdl.handle.net/10419/101438 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte.
    [Show full text]