Comment on Coronavirus Halves Profits at RTL, Owner of ‘American Idol’ Producer Fremantle

Coronavirus Halves Profits at RTL, Owner of ‘American Idol’ Producer Fremantle

European broadcasting group RTL, whose bouquet of companies include “American Idol” producer Fremantle, has seen group revenue down 16.4% to €2.7 billion ($3.3 billion) in the first half of 2020, according to half-yearly results declared on Thursday. Adjusted earnings before interest and amortization (EBITA) fell 52% to €258 million ($305 million).

 

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