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    1. Home
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    3. >Bertelsmann earnings fall due to weakness at broadcaster RTL
    Finance

    Bertelsmann Earnings Fall Due to Weakness at Broadcaster Rtl

    Published by Global Banking & Finance Review®

    Posted on March 26, 2026

    2 min read

    Last updated: March 26, 2026

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    Quick Summary

    Bertelsmann’s 2025 adjusted EBITDA dipped to €3.02 billion from €3.11 billion in 2024, largely due to an 8 % drop in operating profit at RTL amid weak TV advertising markets.

    Bertelsmann earnings fall due to weakness at broadcaster RTL

    Financial Performance and Key Developments in 2025

    Overview of 2025 Earnings

    March 26 (Reuters) - German media conglomerate Bertelsmann reported a slight decline in its 2025 operating profit on Thursday, weighed down by weakness in broadcasting subsidiary RTL.

    The group reported adjusted operating earnings before interest, taxes, depreciation and amortisation of 3.02 billion euros ($3.49 billion) for the year, compared with 3.11 billion euros in 2024.

    RTL's Performance and Impact

    Advertising Market Challenges

    RTL, which accounted for around a third of Bertelsmann's total revenue in 2024, earlier in March reported an 8% drop in its adjusted operating profit due to weak advertising markets, while expanding the number of subscribers in its streaming business by 19%.

    CEO Commentary

    “2025 was a solid financial year for us. In a challenging environment, our broad business and geographic footprint once again proved its worth," Bertelsmann CEO Thomas Rabe said in a statement.

    He noted that the earnings were slightly higher when excluding currency and portfolio effects and the sale of RTL's Netherlands division.

    Other Bertelsmann Brands and Certificate Payouts

    Business Portfolio Highlights

    Bertelsmann, whose brands also include music business BMG and publisher Penguin Random House, said holders of its 2001 participating certificates were expected to receive a distribution of 15% of the principal amount, with payouts on the 1992 participating certificates rising to 6.01% from 5.53% a year earlier.

    Exchange Rate Information

    ($1 = 0.8653 euros)

    Reporting Credits

    (Reporting by Cian Muenster and Emanuele Berro in Gdansk and Klaus Laurer in Berlin; editing by Milla Nissi-Prussak)

    References

    • At a Glance
    • RTL Group Accelerates Transformation

    Table of Contents

    • Financial Performance and Key Developments in 2025
    • Overview of 2025 Earnings

    Key Takeaways

    • •RTL’s weak advertising markets shaved off nearly €90 million in adjusted EBITDA for Bertelsmann.
    • •RTL accounted for roughly one‑third of Bertelsmann’s 2024 revenue of about €19 billion, amplifying the impact of its slowdown (bertelsmann.com).
    • •Despite traditional media pressures, RTL’s streaming business continues gaining strength—streaming revenue rose ~26 % in 2025, with subscribing customers up fast, though not enough yet to offset the broader ad downturn (bertelsmann.com)

    Frequently Asked Questions about Bertelsmann earnings fall due to weakness at broadcaster RTL

    1Why did Bertelsmann's earnings fall in 2025?

    Bertelsmann's earnings fell due to weakness at its broadcasting subsidiary RTL, which suffered from a decline in advertising markets.

    2How much was Bertelsmann's adjusted operating profit in 2025?

    Bertelsmann reported an adjusted operating profit of 3.02 billion euros in 2025.

    3
  • RTL's Performance and Impact
  • Advertising Market Challenges
  • CEO Commentary
  • Other Bertelsmann Brands and Certificate Payouts
  • Business Portfolio Highlights
  • Exchange Rate Information
  • Reporting Credits
  • What percentage of Bertelsmann's total revenue did RTL account for in 2024?

    RTL accounted for around a third of Bertelsmann's total revenue in 2024.

    4By what percent did RTL's adjusted operating profit decline?

    RTL's adjusted operating profit declined by 8% due to weak advertising markets.

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