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Mar 14, 2024 · Group revenue at Bertelsmann-owned group was down 5.4 percent to €6.2 billion ($6.8 billion), which RTL attributed to “lower TV advertising revenue and lower Fremantle revenue.”. Adjusted ...
- A History Lesson
- Three Billion Reasons to Spend
- Margins, Margins, Margins
- Sale Talk Scotched
Fremantle is the product of acquisitive minds. The company has grown up through waves of television consolidation and can trace its roots back to 1917, when German production powerhouse UFA was forged in the fire of World War I’s propaganda battle. Eighty years on, UFA merged with Luxembourg-based broadcaster CLT, which later combined with Britain’...
There was another important factor in the buying blitz: RTL announced to shareholders in August 2021 that Fremantle had been set a four-year revenue target of €3B ($3.2B), meaning the company has to find a cool €1B by 2025. Hitting €3B in revenue would put Fremantle on par with Banijay, which coincidentally revealed last week that it expects sales ...
Attention is now turning to bedding in Fremantle’s new friends. Insiders talk about an obsessive focus on profitability. “Fremantle is basically margins, margins, margins at the moment,” says one insider, who could speak more freely off the record. “There’s pressure on us to make a return,” another adds. Scrosati does not deny it is a priority. “Ou...
Fremantle’s spending spree and focus on profitability has sparked speculation that RTL is fattening the producer up for a sale. One senior industry executive says: “When you’re investing that amount of money in companies, paying consistently above the odds, and at the same time you hear from people who work for Fremantle that they’re all being told...
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Mar 25, 2024 · March 25, 2024 9:54am. Jaime Ondarza Getty. One of Fremantle ‘s leading execs in Europe has become victim of a sophisticated $1M scam. Jaime Ondarza, the Got Talent producer’s CEO in Southern ...
- Jesse Whittock
Fremantle Limited (/ ˈ f r iː m æ n t əl /), formerly FremantleMedia, is a British multinational television production and distribution company based in London.The company was founded as Pearson Television in 1993 when publishing and education company Pearson acquired the former British ITV franchisee Thames Television.
The Fremantle exec who fell victim to a $1M fake M&A scam has exited the business. Fremantle confirmed Southern Europe CEO Jaime Ondarza’s departure following local reports. Last month, he was ...
Oct 18, 2022 · Fremantle Bosses Talk Angelina Jolie Deal, Hitting a $2.9 Billion Revenue Target for 2025 and Expansion Plans. Fremantle bosses Jennifer Mullin and Andrea Scrosati opened up about the company’s ...
Mar 16, 2023 · Global producer and distributor Fremantle saw its revenues grow by 22% to €2.35bn in 2022, according to financial results published today by parent company RTL Group. RTL said Fremantle is on ...
