RTL boosts VoD investment

Plans to meet challenge posed by the likes of Netflix
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RTL Group has announced plans to ramp up investments in VoD, developing a common technology platform for its national streaming services.

Designed to meet the challenge of global players like Netflix, the platform will underpin RTL’s local broadcasters in Germany, France and the Netherlands.

RTL plans to strengthen ties between its Fremantle production unit and its European TV outlets, while continuing to promote its drama output globally.

“We have the strategic goal to build local streaming champions in the markets where we have strong families of channels,” said RTL CEO Bert Habets.

“Given the high growth rates of paid subscribers of our German and Dutch VoD services – TV Now Plus and Videoland – we are getting more confident day by day that we will reach our ambitious plans," he added.

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