RTL Group to merge with Talpa Network.

RTL Group, an international media company, agreed to merge with Talpa Network, a provider of full-service media development and production services. Financial terms were not disclosed. "Following the proposed merger of Groupe TF1 and Groupe M6 in France, the combination of RTL Nederland and Talpa Network is the second major step to scale up our broadcasting businesses across our European footprint. The new cross-media group will have the size, resources and creativity to compete with global tech platforms in the Netherlands when it comes to investing in premium content, offering the most advanced addressable advertising opportunities, and expanding Videoland, the leading national streaming service for Dutch viewers," Thomas Rabe, RTL Group CEO.