PRESS INFORMATION



 
 


 

CLT-UFA signs agreement with News Corp. regarding VOX

Luxembourg, January 21, 2000

CLT-UFA has signed on January 18, 2000 the agreements with News Corp. regarding the transfer of the 49,9% stake held by News Corp. in the German Free-TV channel VOX.

CLT-UFA acquires the shares for the Free-TV channel RTL, in which CLT-UFA holds an 89% interest. In the future, VOX will be managed jointly by CLT-UFA and RTL. Rolf Schmidt-Holtz, Chief Executive Officer of CLT-UFA, is taking the Chair of the Supervisory Board of VOX.

By this move, CLT-UFA has laid the foundation for a new structure of its channels, creating maximum incentives for cooperation between the stations. Such intensive collaboration, particularly in the programming field, will further sharpen the profiles of the channels while at the same time boosting their attractiveness for viewers. In return, the profitability of the channels will be increased.

The agreement is subject to the approval of the relevant cartel authorities.

 

CLT-UFA is the No. 1 in European broadcasting, with shareholdings in 40 radio and television stations, most of which are market leaders (RTL Television in Germany, RTL Radio in France, HMG in the Netherlands). CLT-UFA also holds interests in numerous production and broadcasting rights distribution companies (including UFA Film and TV Productions in Germany and UFA Sports in Europe). In Germany's commercial TV market, CLT-UFA is majority owner of market leader RTL, holding a 35.9% stake in RTL II and 50% in Super RTL.

 



 

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For further information please contact:
RTL Group
Markus Payer
Head of Media Relations
Tel: (+352 42142-5020)
e-mail: markus.payer@rtl-group.com