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Planned merger of Super RTL, Nickelodeon withdrawn, says German cartel office
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Planned merger of Super RTL, Nickelodeon withdrawn, says German cartel office
Sep 17, 2024 2:05 AM

BERLIN, Sept 17 (Reuters) - German broadcaster RTL

and Paramount have withdrawn their bid to

merge Super RTL, a children's television network, with

Nickelodeon, said the German cartel office on Tuesday.

The office said the withdrawal happened after it informed

the companies that it intended to prohibit the planned marriage.

Super RTL, belonging to Bertelsmann's RTL Group,

in April said it had struck a deal to acquire Nickelodeon series

in Germany.

Under the agreement, Super RTL would have acquired a rights

package to bring current and upcoming series from Nickelodeon,

owned by Paramount Global ( PARAA ), to its television programme.

(Reporting by Miranda Murray, editing by Thomas Seythal)

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