The deal creates Germany’s third-largest streamer and strengthens RTL’s position as a gatekeeper for international platforms entering Europe’s top TV market. "HBO Max is launching in Germany next year,

European broadcaster RTL Group said on Friday it would buy Sky Deutschland, in a deal that combines Sky's sports and streaming offerings with RTL's news and entertainment brands to create a business with 11.

It’s been quite the busy morning for Luxembourg-based RTL Group. Following the announcement it is buying Sky Deutschland for €150M ($175M), the €1.1B sale of Dutch arm RTL Nederland to DPG Media has been given the greenlight by authorities.