RTL completes sale of stake as BroadbandTV launches IPO
RTL Group has completed the sale of its entire shareholding in Vancouver-based YouTube multichannel network BroadbandTV to BBTV Holdings Inc., for €102 million. RTL said its exit from Broadband TV was consistent with its three-priority strategy of ‘core, growth, alliances and partnerships’, which includes continuously reviewing its portfolio and growing its European digital assets […]