According to media reports, the German entertainment group draws a surprising line under the streaming service TVnow. The successor should be called RTL +.
12:14 a.m., February 17, 2021
The industry portal DWDL reports on a comprehensive brand restructuring at RTL. Accordingly, the own streaming service should TVnow from the brand within the next few months RTL + be replaced and disappear. Part of the restructuring is a reorientation of the group strategy.
The decision comes as a surprise because last year RTL tried to strengthen its own streaming offer and brand with a strong focus on TVnow and high investments. The goal of competing against the American competition from Netflix, Prime Video, Disney +, Apple TV + and, in the future, HBO Max, should be achieved through a stronger focus on the core brand RTL, according to the DWDL exclusive report. Own brands like VOX or ntv should be retained.