Europe's leading broadcaster and content provider RTL Group has unveiled a new management structure as audited preliminary figures for 2002 show that group revenues performed strongly despite a difficult market.
Just a week after he was appointed RTL Group's new CEO, Gerhard Zeiler has announced a new executive committee which will consist of himself; Thomas Rabe, chief financial officer (CFO); Thomas Hesse, the new chief strategy officer as successor to Bruno Chauvat; and Tony Cohen, CEO of FremantleMedia.
In addition, Nicolas de Tavernost, CEO of France's M6, will be permanently invited to participate in the committee and advise on all strategic issues in French-speaking territories and Spain.
According to RTL Group's audited preliminary figures for 2002, revenues increased by 7.6% to Euros4.36bn (2001: Euros4.05bn), with its biggest division of television reporting revenue of Euros2.9bn compared to Euros 2.87bn in 2001 as the Group succeeded in winning advertising share from rivals in key markets.
In addition, RTL Group announced that 'following a review of strategy', it has decided 'to reduce the scope of its activities' in the rights trading business of CLT-UFA International.