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RTL Group is still going to sell RTL Nederland, for €1.1 billion, to DPG Media. However, strategic cooperation in technology, advertising sales and content will remain.

'We are very pleased to have reached an agreement with RTL Group on the acquisition of RTL Nederland, the undisputed market leader in commercial TV broadcasting, and the owner of the highly successful streaming platform Videoland,' stated Christian Van Thillo, director of DPG Media. 'Together with our leading TV brands VTM and RTL Belgium, we will be able to build a group with the necessary scale to invest in digital transformation.'

DPG Media, active in Belgium, the Netherlands and Denmark, is a multimedia company with sales of €1.8 billion by 2022 and brands in news media, television, radio, magazines and online services.

(more to follow)

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