RTL Stock Slump Puts Sky Deal and Streaming Bet Under the Microscope
RTL Group slid to 32.68 euros on Lang & Schwarz by late Thursday, off 0.46%, with German retail forums once more questioning if the broadcaster’s decline was overdone. wallstreetONLINE numbers put RTL down 13.56% across five sessions, and 10.62% in the past month. It’s an uncomfortable moment for RTL. The company reports its first-quarter numbers on May 13, just weeks before the scheduled June 1 closing of its Sky Deutschland acquisition. Investors will have to weigh whether boosting streaming and pay-TV can make up for sluggish traditional TV ad revenue.