Fremantle’s 2025 target of EUR3bn turnover is within reach, as revenues rise by 22%


Source : Apple TV+

‘The Mosquito Coast’

Fremantle, a global producer and distributor, saw its revenues rise by 22% to EUR2.35bn by 2022 according to financial results released today by parent company RTL Group.

RTL stated that Fremantle is on track for reaching its target of becoming a EUR3bn business by 2025.

Fremantle closed eight production company transactions in the year. These included Lux Vide and Dancing Ledge, Element Pictures and Eureka. Wildstar Films, Silvio Productions, Wildstar Films, Wildstar Films, and Wildstar Films. It also delivered over 100 scripted productions including high-end-series, daily dramas and films in 2022.

Fremantle’s EBITDA stood at EUR162m in 2022.

According to RTL, Fremantle generated 35% of its total revenue in 2022 from drama and film productions. Fremantle shows include The Mosquito Coast for Apple TV+ through to America’s Got Talent.

RTL said that to reach the EUR3bn revenue target for Fremantle, it will invest significantly in the company, both organically and via acquisitions, in all territories across drama and film, entertainment and factual shows and documentaries.

Fremantle’s film business delivered 17 films in 2022, up from seven in 2021. The company has deals with Angelina Jolie and Edward Berger, the director of All Quiet On The Western Front.

RTL itself reported record revenues of EUR7.2bn for the 2022 financial year.

However, RTL’s adjusted EBITDA was down by 6% to EUR1.1bn. RTL claimed that this was due to RTL Nederland and Fremantle’s record adjusted EBITDA contributions. These effects were partly offset by record adjusted EBITDA contributions from RTL Nederland and Fremantle.

Streaming revenue from RTL+ in Germany and Hungary and Videoland in the Netherlands grew by 19.7% to EUR267m. The number of streaming subscribers grew by 44% to 5.5million.

TV advertising revenue was down 4.4% year on year, with RTL citing the difficult macroeconomic environment. Distribution revenue was stable at EUR438m.

Thomas Rabe, CEO of RTL Group, said: “RTL Group’s growth businesses streaming and content progressed significantly in 2022, with 5.5 million paying subscribers for RTL+ and Videoland, and over 100 drama productions from Fremantle. We are on track to achieve our ambitious streaming targets and Fremantle will be a EUR3bn-sized company by 2025.

  • How Canal+ seeks to keep its European film and TV crown despite streamer competition

Share post:

how to submit press releasehow to submit press release


More like this

StormForge Announces Partnership With Kumina

StormForge and Kumina partner to help customers achieve Kubernetes efficiency and reduce cloud costs.

StormForge Announces Partnership With Kumina
StormForge Announces Partnership with Kumina

Illustrated newspaper 'StormForge Times' with front page article announcing Kumina partnership

StormForge, the leader in Kubernetes resource optimization, today announced their partnership with Kumina. The Netherlands-based company with over a decade of experience in providing mission-critical IT services will offer StormForge's Kubernetes resource optimization solution Optimize Live.

Together, Kumina and StormForge will provide Kubernetes users with an all-inclusive package comprising managed Kubernetes services and advanced optimization capabilities.

This partnership will help users enhance the performance and efficiency of their Kubernetes clusters, reducing costs and freeing up resources to focus on other aspects of their business. Consequently, Kumina's expertise in managing Kubernetes clusters with customized IT solutions will assist users in maximizing the performance of the optimization platform provided by StormForge.

Kumina's CEO Tim Stoop is enthusiastic about the benefits customers gain from integrating StormForge:

"I was impressed how Optimize Live has solved a whole class of customer issues with one solution, reliably and deterministically, while actually allowing resource usage to go down as a whole. We can help customers scale with confidence and cut costs with StormForge without sacrificing user experience. I am really excited about the potential that StormForge brings to the table."

Optimize Live

StormForge Optimize Live applies machine learning to existing Kubernetes metrics to make real-time, actionable recommendations to resource settings for any deployment running in Kubernetes. By optimizing CPU and memory settings, customers can save cloud resources and money, reduce the business risk of poorly performing applications, and get their developers focused on innovating, not tuning their Kubernetes environment. StormForge's Solutions Architect Niels Roetert expresses enthusiasm regarding the benefits afforded by the solution:

"StormForge Optimize Live provides Pod resource right-sizing and can set optimal TargetUtilisation values for Kubernetes HPA to operate on. It does so continuously and without any human effort (configurable) at large scale. This results in resource and cost savings most of the time, when beneficial, resources are actually added to facilitate a better performing and more reliable application, which is a win-win for the application owner either way."

About Kumina

Kumina supports its customers by a fully managed Kubernetes solution that includes consulting, training and unlimited support hours. The company focuses on enhancing the infrastructure and cloud hosting capabilities of its customers in order to improve the performance, reliability, and security of their IT systems. For more information, please visit: 

About StormForge

StormForge brings together world-class data scientists and software engineers to enable breakthrough IT and operations efficiency. StormForge is set apart by its unwavering focus on building AI-powered software products that are designed to help people, not replace them. The StormForge platform uses ML to significantly reduce cloud costs and improve reliability by right-sizing Kubernetes application resources, automatically and continuously. For more information, please visit:

Contact Information:
Tom Ellery
[email protected]

Paraskevi Tragotsalou
[email protected]

Original Source: StormForge Announces Partnership With Kumina

Mimecast: Angler Phishing — What to Know About This Relatively New Threat

NEW YORK, March 29, 2023 ( - Mimecast: While the term "phishing" has been around since the mid-90s, a relatively new version of phishing is begin...

Bob Yari and Marvin Peart launch WonderHill Studios

Source: Octavia KleinBob Yari and Marvin Peart Entertainment industry...