Advertisement
Singapore markets open in 1 hour 8 minutes

  • Straits Times Index

    3,303.66
    +12.96 (+0.39%)
     

  • S&P 500

    5,221.42
    -1.26 (-0.02%)
     

  • Dow

    39,431.51
    -81.29 (-0.21%)
     

  • Nasdaq

    16,388.24
    +47.34 (+0.29%)
     

  • Bitcoin USD

    62,875.01
    +1,418.00 (+2.31%)
     

  • CMC Crypto 200

    1,292.83
    +32.63 (+2.59%)
     

  • FTSE 100

    8,414.99
    -18.77 (-0.22%)
     

  • Gold

    2,343.90
    +0.90 (+0.04%)
     

  • Crude Oil

    79.15
    +0.03 (+0.04%)
     

  • 10-Yr Bond

    4.4810
    -0.0230 (-0.51%)
     

  • Nikkei

    38,179.46
    -49.64 (-0.13%)
     

  • Hang Seng

    19,115.06
    +151.36 (+0.80%)
     

  • FTSE Bursa Malaysia

    1,602.91
    +2.24 (+0.14%)
     

  • Jakarta Composite Index

    7,099.26
    +10.47 (+0.15%)
     

  • PSE Index

    6,604.25
    +92.32 (+1.42%)
     

Germany's RTL acquires Nickelodeon rights for children's TV network

Reuters
·1-min read

BERLIN, April 23 (Reuters) - Super RTL, a children's television network belonging to Bertelsmann's RTL Group, has struck a deal to acquire Nickelodeon series in Germany, the group said in a statement on Tuesday.

Under the agreement, Super RTL will acquire a rights package to bring current and upcoming series from Nickelodeon, owned by Paramount Global, to its television programme.

The German broadcaster also plans to take over Nickelodeon's established satellite frequency to create a new linear children's channel, the statement said.

This is to feature predominantly popular Nickelodeon series including "PAW Patrol" and "SpongeBob SquarePants".

ADVERTISEMENT

The value of the deal was not made public.

Germany's competition regulator is assessing the impact of the deal and must give its go-ahead for the acquisition. (Reporting by Klaus Lauer, Writing by Rachel More; Editing by Matthias Williams)