CLT meaning in Community ?

Answer: What is Compagnie Luxembourgeoise de Télédiffusion mean?

RTL Group (for Radio Television Luxembourg) is a Luxembourgish-based international media company, with another corporate centre in Cologne, Germany. The company operates 68 television channels and 31 radio stations in Germany, France and other European countries. It also offers national streaming platforms, content productions and a range of digital services. Important segments of RTL Group are Mediengruppe RTL Deutschland, Groupe M6, Fremantle, RTL Nederland and RTL Belgium.

The company, in its present form, was established by Bertelsmann, Groupe Bruxelles Lambert (GBL) and Pearson in the year 2000. Over the years, Bertelsmann, a conglomerate based in the German city of Gütersloh, continued to increase its stake in RTL Group and currently owns just over 75% of the shares in the company after holding a stake of more than 90% in the past. RTL Group is one of a total of eight divisions of Bertelsmann: It is responsible for more than a third of its revenue and a large share of its operating profit.

It is one of the founding members of the European Broadcasting Union.

reference

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