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RTL Group Buys Out Disney From Kids Network Super RTL - Global Bulletin
Jamie Lang, provided by
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BUYOUT
Mediengruppe RTL Deutschland, has closed an agreement with
Investments for complete ownership of German kids and family network
Super RTL, buying out the House of Mouse’s 50% share and raising RTL’s shareholding to 100%. The transaction is now waiting for approval from the German and Austrian competition authorities.
More from Variety
According to RTL, the acquisition is part of the company’s larger growth plan for its RTL streaming platform
TV Now and its strategy to consolidate its existing broadcast footprint in Europe. The deal is a further step down a path which has seen the company’s French broadcasting business ....

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