Broadcaster RTL walks away from Endemol; to focus on content, streaming

FRANKFURT (Reuters) - European broadcaster RTL Group has withdrawn its interest in buying Dutch production company Endemol Shine to focus on developing its own scripted shows and expanding its new video-on-demand platforms.The news came as RTL reported strong second-quarter revenue and core earnings, buoyed by its Fremantle studio arm and promising growth at its digital products that seek to fend off the challenge from global giants like Netflix.RTL shares rose by 7 percent - all but erasing..