Multi-channel network

RTL buys US$107m majority stake in YouTube network StyleHaul

RTL Group has agreed to pay US$107 million (€85 million) to buy a controlling stake in StyleHaul – a multi-channel Youtube network dedicated to fashion, beauty and lifestyle. The deal increases RTL Group’s shareholding in StyleHaul from 22.3% to 93.6% and values the US-based business at US$151.4 million. It also includes earn-out mechanisms that could increase […]