Business
RTLL: Digital and streaming growth offset TV ad declines, but full-year guidance was revised downward
RTLL: Digital and streaming growth offset TV ad declines, but full-year guidance was revised downward
About this update from Rtl Group S.a.
Revenue declined 2.2% year-over-year to €4.1 billion due to weak TV advertising, but digital and streaming businesses grew strongly, with digital ad revenue up 31.7% and streaming subscribers up 17.4%. Full-year guidance was lowered amid challenging TV ad markets.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.