Shahrzad Rafati

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 […]

RTL looking at ‘all strategic alternatives’ for BroadbandTV

RTL Group will not exercise its call option to acquire the 49% of YouTube multichannel network BroadbandTV that it does not already own, and has decided to explore “all strategic alternatives” for the company together with minority shareholders. The shareholders have hired boutique investment advisor outfit Liontree to lead the process. An RTL spokesman told DTVE […]