November 6, 2019 / 7:16 AM / a month ago

RTL Group revenues rise 3% on new shows, digital business

BERLIN, Nov 6 (Reuters) - Media group RTL confirmed its full-year outlook on Wednesday after posting a 3% revenue increase in the first nine months, driven by new shows and series like the second season of American Gods, and its digital activities.

Revenues in the January-September period came in at 4.6 billion euros ($5.09 billion), the Luxembourg-based and Frankfurt-listed company said in a statement.

RTL added that revenues of its core broadcasting unit declined by 2% to 3.2 billion euros, citing the sale of its film rights company Universum Film and soccer club Girondins de Bordeaux as well as lower TV advertising revenues in Germany and the Netherlands.

$1 = 0.9029 euros Reporting by Thomas Seythal, editing by Emma Thomasson

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