Fremantle Takes 10% Revenue Hit In Q1 But Owner RTL Confident Of Turnaround
Italia
Fremantle revenues dipped almost 10% in this quarter but owner RTL is hoping for a bounceback and has set growth targets for full year 2024. RTL put the Poor Things and Got Talent producer’s weak Q1 performance, which saw its revenue tumble by 9.2% year-on-year to €395M ($424m) down to “timing effects in the UK, Italy and Germany.” An improvement is expected during this quarter, RTL added, pointing to the launch of a second season of BBC drama The Responder and new BBC series Nightsleeper, as
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