Brief: RTL Says Cancellations Of Ad Bookings Have Accelerated

RTL SA

30/04/2020 07:00

April 30 (Reuters) - RTL  RRTL.DE :
    * Q1 GROUP REVENUE DOWN 3.4% TO €1.466 BILLION
    * INCREASED AUDIENCE SHARES IN GERMANY, FRANCE AND THE
NETHERLANDS
    * PAYING SUBSCRIBERS FOR RTL GROUP’S STREAMING SERVICES TV
NOW AND
VIDEOLAND UP 34% TO 1.53 MILLION
    * AT BEGINNING OF MARCH, WE REGISTERED FIRST CANCELLATIONS
OF
ADVERTISING BOOKINGS, AS WELL AS POSTPONEMENTS OF PRODUCTIONS
    * TREND HAS ACCELERATED WITH INTRODUCTION OF WIDE-RANGING
LOCKDOWN
MEASURES ACROSS EUROPE IN LATER MARCH
    * MAKING GOOD PROGRESS IN IMPLEMENTING COUNTER MEASURES TO
REDUCE
COSTS AND PRESERVE LIQUIDITY
    * GROUP IS CURRENTLY NOT IN POSITION TO PROVIDE NEW OUTLOOK
FOR
FULL YEAR 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL7sgd6k
Further company coverage:  RRTL.DE 

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