RTL Group to acquire a 50% stake in Bedrock from Groupe M6.

RTL Group, a broadcasting company, to acquire a 50% stake in Bedrock, a technology company specialised in the design and development of streaming platforms, from Groupe M6, a media holding company. Financial terms were not disclosed. With this transaction, Groupe M6 and RTL Group aim to create a European leader in streaming technology. Bedrock’s capital may further be opened up to other shareholders. Completion of the transaction remains subject to consultation of employee representative bodies.