RTL Group Soars on Streaming Surge, Buys Sky Deutschland

In the first half of 2026, RTL Group announced robust financial figures, with total revenue increasing by 3.9% to €2.9 billion. This growth was primarily fueled by its streaming operations, which demonstrated strong profitability and dynamic expansion.

The strategic acquisition of Sky Deutschland from Comcast in June has further broadened RTL Group's revenue base. The company has consequently raised its 2026 revenue forecast to €7.1-€7.2 billion, a notable increase from its previous projection.

This acquisition will integrate Sky Deutschland with RTL+'s existing platform, aiming to create a leading streaming service in German-speaking markets. The combined entity is expected to serve 12.4 million paid subscribers across Germany, Austria, and Switzerland.

Adjusted EBITDA saw a significant rise of nearly 50% compared to the prior year, reaching €239 million. RTL Group CEO Clément Schwebig highlighted streaming's strong profitability and dynamic growth in paid subscriptions.

Schwebig stated that streaming is now anticipated to contribute around €100 million to the full-year operating profit, positioning RTL as the third-largest player in the German streaming market. He described the Sky Deutschland deal as transformational for the group.

The gains in streaming offset a 4% decrease in advertising revenue from RTL's traditional TV business and a 7.7% year-on-year decline in revenue from its Fremantle content division. However, Fremantle's performance is expected to improve by year-end with the launch of new shows.

Fremantle plans continued investment in intellectual property development, acquisitions of production companies, and the implementation of artificial intelligence across its value chain.