Overview

• RTL Group has agreed to sell its Dutch TV operation, RTL Nederland, to DPG Media for $1.2 billion in an all-cash deal expected to close in mid-2024.
• The sale is subject to regulatory approvals and consultation with labor unions.
• RTL Group and DPG Media will enter into a strategic partnership, collaborating on advertising and streaming technology, international advertising sales and joint content development.
• For three years after the deal's closing, RTL Group’s broadcasters in Germany, France and Hungary will have first-look rights for all new programs developed by RTL Nederland.
• DPG Media will continue to use the “RTL” brand in the Netherlands until at least December 2034.