Fremantle Reports Stable Q1 Revenue as Clement Schwebig Takes Over as RTL CEO
Fremantle Q1 Revenue Stable As Clement Schwebig Begins RTL CEO Tenure
Deadline
Image: Deadline
Fremantle, a global production company, reported stable first quarter revenues of €372 million ($436 million) for Q1 2026, nearly unchanged from the previous year. This announcement coincides with Clement Schwebig's first day as CEO of RTL Group, which also maintained its revenue at €1.3 billion despite challenges in TV advertising.
- 01Fremantle's Q1 revenue remained stable at €372 million ($436 million).
- 02RTL Group's overall revenue was €1.3 billion, consistent with last year.
- 03Streaming revenue for RTL grew by 27% to €141 million.
- 04Clement Schwebig has begun his tenure as CEO of RTL Group.
- 05Fremantle launched new productions including a global hub for Holey Moley.
Advertisement
In-Article Ad
Fremantle reported stable first quarter revenues of €372 million ($436 million) for Q1 2026, nearly identical to the previous year's figures. The company attributed its stability to growth in the U.S. market, despite a negative impact from foreign exchange rates. Meanwhile, RTL Group, Fremantle's parent company, also reported stable revenues of €1.3 billion, with a notable 14.6% increase in digital advertising revenue to €118 million. Streaming revenue rose by 27% to €141 million, driven by an increase in paying subscribers and advertising revenues. This news coincides with the start of Clement Schwebig's tenure as CEO of RTL Group, succeeding Thomas Rabe. Schwebig emphasized the profitability of the streaming business, projecting an operating profit of between €25 million and €50 million for the year. Additionally, RTL is set to complete a €150 million acquisition of Sky Deutschland, enhancing its presence in the German market.
Advertisement
In-Article Ad
The stability in revenue and growth in streaming indicates a positive outlook for Fremantle and RTL, which may influence future investments and job stability in the media sector.
Advertisement
In-Article Ad
Reader Poll
Do you think streaming services will continue to grow in the coming years?
Connecting to poll...
Read the original article
Visit the source for the complete story.


