Interim report
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QUARTERLY STATEMENT Q1 / 2021 : RTL Group accelerates growth of its streaming services Group revenue up 3.9 per cent organically¹ year on year ; reported Group revenue down 4.2 per cent to € 1,404 million due to scope effects and negative exchange rate effects Fremantle revenue up 14.6 per cent year on year , streaming revenue up 40.5 per cent Paying subscribers for RTL Group's streaming services TV Now and Videoland up 71 per cent to 2.7 million year on year ● ● RTL ' GROUP SpotX disposal closed ; RTL Group received US- $ 640 million in cash and 12.4 million shares of Magnite stock Full - year outlook for 2021 confirmed : Group revenue of around € 6.2 billion ; Adjusted EBITA² of around € 975 million Luxembourg , 6 May 2021 - RTL Group today published the following quarterly statement for the first three months of 2021 ( Q1 / 2021 ) . Thomas Rabe , Chief Executive Officer of RTL Group , says : " Our streaming services TV Now and Videoland accelerated their growth , adding more than half a million new paying subscribers in the first three months of the year . This demonstrates how our streaming investments in content , marketing and technology - and our strategic partnerships - boost our progress towards creating national streaming champions . With new high - end drama series and a broad portfolio of entertainment shows , our global content business , Fremantle , had a strong start to the year . Driven by our streaming and content production business , RTL Group's revenue was up by almost 4 per cent organically in the first quarter - although lockdown measures led to lower TV advertising revenue . We see strong growth of our TV advertising revenue across our footprint for the second quarter of the year and confirm our outlook for the full year 2021 . As stated before , there is a strong case for consolidation in the European broadcasting industry . We are currently reviewing such options for our broadcasting businesses in France , Belgium and the Netherlands , with a view to creating value for our shareholders . There can be no certainty that this may lead to any type of agreement or transaction . " ¹ Adjusted for portfolio changes and at constant exchange rates . Further details can be found in the section on " Key performance indicators " here www.rtlgroup.com/fy2020_pdf 2 Adjusted EBITA represents a recurring operating result and excludes significant special items . Further details can be found in the section on " Key performance indicators " here www.rtlgroup.com/fy2020_pdf ENTERTAIN . INFORM . ENGAGE .