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RTL Completes Acquisition of Sky Deutschland from Comcast

By

Jesse Whittock

1h ago· 2 min readenNews

Summary

RTL Group has completed its acquisition of Sky Deutschland from Comcast, merging two major central European media players. The deal, which covers Sky's operations in Germany, Austria, and Switzerland, is part of RTL's strategic focus on in-country consolidation in Europe to strengthen local media players against global streaming platforms and tech giants.

Key quotes

· 1 pulled
The deal "underscores RTL Group's strategic focus on in-country combinations in Europe to strengthen local media players and enhance their ability to compete with global streaming platforms," the Luxembourg-based RTL said this morning in a statement.
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RTL has closed its deal to acquire Sky Deutschland from Comcast.

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