Germany's RTL to Buy Comcast's Sky Deutschland
German entertainment conglomerate RTL Group will purchase Comcast's Sky Deutschland, the two companies announced Friday. They said the deal combines Sky's sports rights with RTL's entertainment and news brands, as well as their RTL+ and WOW streaming services. The combination…
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will give RTL a total of 11.5 million paying streaming subscribers, it said. RTL is paying $176 million cash plus a variable consideration of up to $442 million tied to its share price performance. Regulatory approvals are expected in 2026, the companies said.