Alpha Media Group: Deal Closed
Luxembourg/Athens, 17 December 2008 - RTL Group and Dimitris Contominas, current owner of Alpha Media Group, announced today that they have closed their deal of RTL Group’s acquisition of a 66.6 per cent majority stake in Alpha Media Group. The parties’ agreement on the transaction had been announced previously on 23 September 2008.
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About RTL Group
RTL Group is the leading European entertainment network, with interests in 45 television channels and 33 radio stations in eleven countries and content production throughout the world. The television portfolio of Europe’s largest broadcaster includes RTL Television in Germany, M6 in France, Five in the UK, the RTL channels in the Netherlands, Belgium, Luxembourg, Croatia and Hungary, Alpha TV in Greece, Ren TV in Russia and Antena 3 in Spain. RTL Group’s flagship radio station is RTL in France, and it also owns or has interests in other stations in France, Germany, Belgium, the Netherlands, Greece, Spain and Luxembourg. RTL Group's content production arm, FremantleMedia, is one of the largest international producers outside the US. Each year, it produces more than 10,000 hours of programming across 55 countries.