RTL Group, owner of Fremantle, increases revenue by 11.3%
Fremantle owner RTL Group increased its revenue by 11.3% to 1.5 billion euros ($1.6 billion) in the first quarter of 2022, as streaming revenue for RTL+ and Videoland increased by 23 %. Around 4.4% of the overall revenue increase would be organic, occurring in a quarter when Fremantle acquired 70% of the Italian Devils producer Lux Vide. american gods Producer-distributor Fremantle’s revenue rose 6.5% in the quarter to €461m ($487m), which the group attributed to positive currency effects, acquisitions of This is Nice Group and Eureka and deliveries of the first season of AppleTV+. The Mosquito Coast and the third season of Starz’ American gods. RTL Group targets 7.4 billion euros ($7.8 billion) for the full year 2022 and 1.15 billion euros ($1.22 billion) adjusted EBITA, with the closing of the sale of RTL Croatia expected imminently as well as “major consolidation movements in France and the Netherlands”, according to the group’s CEO, Thomas Rabe. “RTL Group started the new year with dynamism despite the uncertainties resulting from the war in Ukraine,” he added.
BBC Studios TalentWorks Unveils Black Creators Initiative
BBC Studios Talentworks, the producer-distributor division for bringing in young talent, is offering four black content creators a guaranteed commission from the BBC. The In The Mix 2022 program will support successful applicants under the mentorship of experienced producers and they will also produce a short film for BBC Reel, which will be unveiled at an event at London’s Barbican in November. The Barbican and Black Creators Matter are partners in the initiative, which launched yesterday. “We are passionate about supporting new talent and are thrilled to partner with Black Creators Matter to provide this opportunity for four up-and-coming creators to grow their craft,” said Katrina Bell, TalentWorks Development Producer.
Miso Film hires DR Drama Boss
Nordic production company Miso Film has hired Christian Rank, Drama’s former head of DR, as head of development and producer. From August 2022, Rank will have a view on local and global productions, working on the development and production of scripted projects, contributing intellectual property and building a roster of creative talent. At DR, he was responsible for a multitude of productions, including Borgen, When the dust settles and Cry wolf. “The decision to hire Christian is an important step in achieving Miso Film’s ambition to raise the company’s profile and realize its enormous market potential,” said Peter Bose, CEO of Miso Film Group.
UK Directors Charitable Foundation launches mental health service
The UK’s Directors Charitable Foundation (DCF) has launched a wellness and mental health support service with psychotherapy organization Solas Minds. The DCF Directors Wellbeing Hub will contain specially curated wellness resources as well as one-on-one therapy sessions at a substantial price. DCF President Andrew Chowns said administrators “often feel isolated and pressured in their role” and that the discounted therapy will help “those in need at a time of their choosing”. “We’re helping to break down barriers to entry, and that will encourage more stage and screen directors to seek help and resources when they need it most,” he added.