PRESS INFORMATION



 
 


 

 RTL Group increases shareholding in German news channel n-tv to 100 per cent

Luxembourg/London, 24 November 2005 - RTL Group and Turner Broadcasting System today announce that RTL Group’s fully owned German TV channel RTL TV has reached an agreement with its current partner, CNN, a Turner Broadcasting System company, to acquire the remaining 50 per cent in the news and business channel n-tv. This takes RTL Group’s shareholding in n-tv to 100 per cent. The acquisition is subject to approval by the cartel and regulatory authorities.

For further information:

Andrew Buckhurst
RTL Group
Phone: 00352/2486 5075 or 5130
E-mail: andrew.buckhurst@rtlgroup.com		 Christian Körner
RTL Television
Phone: 0049/221 456 43 02
E-mail: Christian.koerner@rtl.de
Claudia Coles
Turner Broadcasting System (TBS) Europe
Phone: 0044/207 693 0946
E-mail: claudia.coles@turner.com  		Silke Gelhaus
Turner Broadcasting System (TBS) Deutschland GmbH
Phone : 0049/30 72 619 3838
E-mail : Silke.Gelhaus@turner.com

About n-tv

n-tv is the leading German channel for news and economy. Its programme offer is focussed on news, economy and talk. The TV channel was launched in 1992. In 1993 CNN became shareholder in n-tv. In the course of 2002 RTL Group and CNN acquired respectively a shareholding of 50 per cent. In 2004 n-tv moved into a highly modern and fully digitised broadcasting centre in Cologne and has further editorial centres in Berlin and Frankfurt.

About RTL Group

RTL Group is Europe's leading commercial broadcaster, with interests in 32 television channels and 31 radio stations in eleven countries and content production throughout the world.  Its television portfolio includes the channels of the German RTL family RTL Television, VOX, Super RTL, RTL II and n-tv, M6 in France, five in the UK, and the RTL channels in the Netherlands, Belgium, Luxembourg, Croatia and Hungary, REN TV in Russia as well as Antena 3 in Spain and TVI in Portugal. RTL Group’s flagship radio station is RTL in France, and it also owns or has interests in other stations in France, Germany, Belgium, the Netherlands, Spain, Portugal and Luxembourg. RTL Group's content production arm, FremantleMedia is one of the largest international producers outside the US. It is currently producing about 280 programmes in over 40 countries including the USA, providing a wide range of drama, entertainment and factual programming for viewers around the world.

About TBS /CNN

The media company Turner Broadcasting System (TBS) Europe Ltd. oversees the distribution of the news brand CNN International with its TV, online and mobile services. CNN is the world’s leading provider of 24-hour news. CNN International is the leading provider of 24-hour news in Europe (European Media & Marketing Survey 2005). Here the channel reaches more than 99 million households fulltime. In addition Turner Broadcasting System (TBS) Europe delivers some of the world’s most successful and well-known news and entertainment brands – CNN, Cartoon Network, TCM (Turner Classic Movies), Toonami and Boomerang – across approximately 100 countries in Europe, Africa and the Middle East. Alongside its TV channels TBS is at the forefront of developing its brands through the internet, broadband, wireless, DVD, E-commerce, merchandising, cinema, publishing and every other available platform. Turner Broadcasting System Europe Limited is a Time Warner Company.