There is much speculation in the French press that changes in the country’s channel/media ownership regulations could affect the potential sale of free-to-air network M6. An article in Les Echos suggests that Bertelsmann’s CEO Thomas Rabe expects a decision to be taken during this current half-year regarding the disposal of M6. The decision is important […]
French broadcaster M6’s share price jumped by 7.55 per cent to €19.38 on the morning of March 12th after leading French media groups submitted offers to acquire the commercial TV and radio group, with majority shareholder RTL Group confirming sale talks. Prospective buyers had until the evening of March 10th to declare their interest, according […]
ODMedia, the international provider of digital media services and content licensing, has announced the expansion of its European footprint with the opening of a new office in France. Based in Paris, the office will be headed up by industry veteran Vladimir Gasic. With offices in the UK, Germany, Spain, Poland, Benelux, South Africa, Scandinavia, and […]
Impacted by the Covid-19 crisis and a decline in the ad market, French commercial broadcaster TF1 group has posted a net profit result down to €55 million in 2020 instead of €154.8 million the previous year. Consolidated revenue reached €2.082 billion, down 11 per cent and the current operating profit margin established at 9.1 per […]
French streaming service Salto, a joint-venture between TF1, M6 and France Télévisions, captured 20 per cent of all new SVoD subscriptions during the final quarter of 2020. Managing director Thomas Follin told AFP that Salto was the third most popular platform in France, behind Netflix and Amazon Prime Video. At the end of December, press […]
LFP has admitted failure in the re-tender process for French football league 1 and 2 rights. The bidding was opened following the cancellation of Mediapro’s deal in December 2020 but was doomed when Canal+ boycotted the process. Bids from rivals Amazon, DAZN and Eurosport failed to reach the reserve price. The LFP now is giving […]
Newsbridge, the ultimate cloud platform for next-gen media valorization providing large-scale Multimodal Indexing for audiovisual content via AI, has announced a partnership with the french broadcast network TF1 Group, and the official launch of its advanced content monetization solution for audiovisual archives. This partnership stems from a merged actualization of the group’s intrapreneurial project to […]
French commercial network TF1 has released its Q3/2020 numbers revealing that its revenues came in better than expected. TF1’s current operating profit reached €58 million, up 170 per cent and beating consensus meaningfully. This improvement was driven mostly by better programming costs. Numbers were also partially lifted by better revenues. Net profit came in at […]
French commercial broadcaster TF1 reported a strong operating profit despite a big drop in advertising revenues. TF1’s group ad-revenues fell year-on-year by 41 per cent, but the broadcaster was helped by a stronger programming slate and internal cost-savings. Management comments suggest that the ad-market is slowly recovering but would not be drawn on the outlook […]
French VoD/SVoD platform Salto – a joint venture between TF1, M6 and France Télévisions – has begun its first test phase, a few months before its planned commercial launch later this year. “We’re in the starting blocks, the test phase has started on Wednesday” managing director Thomas Folin told AFP. Initially scheduled for Q1 of […]