BRUSSELS, March 30 (Reuters) - European broadcaster RTL
has offered to address competition concerns over its
Sky Deutschland acquisition, EU antitrust regulators said on
Monday, seeking early approval for the deal.
The deal would help RTL, which is majority-owned by German media
group Bertelsmann, to compete with U.S. heavyweights
Netflix ( NFLX ), Disney ( DIS ) and Amazon Prime in
Germany. Sources told Reuters last week that RTL was poised to
offer concessions.
Acquiring Sky Deutschland would give RTL local access to
Sky's premium sports rights, including Bundesliga and Premier
League soccer as well as Formula 1 motor racing. It would also
provide access to Sky's WOW streaming service.
"We can confirm that the parties have submitted
commitments. The provisional deadline for the Commission to take
a decision is now April 22," a European Commission spokesperson
said in an email without disclosing details of the remedies.
Reuters was unable to reach an RTL spokesperson for
immediate comment.
A possible concession to address competition concerns could be
an offer by RTL to outsource advertising sales to third parties,
people with direct knowledge of the matter told Reuters last
week.
RTL has 52 TV channels, six streaming services and 40 radio
stations in Germany, France, Hungary and Luxembourg.