An agreement has been reached between TF1, M6 and France Télévisions concerning somersault
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The France Télévisions group should indeed withdraw, taking a few million euros in its pockets along the way.
Salto: 45 million for France Televisions?
You are probably familiar with the Salto platform, owned equally by France Télévisions, TF1 and M6, to which you may have subscribed to watch Friends The Reunion or the recent documentary about the 20th anniversary of Harry Potter.
However, France Télévisions should soon withdraw from the Salto platform, which could therefore rest solely on the shoulders of TF1 and M6. ” Under the agreement signed today, the TF1 and M6 groups undertake, in the event of the completion of their merger project, to buy out the 33.33% stake in France Télévisions for a final value of 45 million euros. “, can we read in the press release published by TF1.
The merger between TF1 and M6 will be decisive
Obviously, the agreement is conditional on the completion of the merger of the TF1 and M6 groups, and Salto will remain jointly controlled by its three shareholders throughout the 2022 financial year. The merger between TF1 and M6 is therefore not yet formalized. , but it nevertheless seems to be on the right track.
A merger which would obviously require the two groups to buy the shares of France Télévisions, or 33% of the value of Salto, the platform being valued at 135 million euros.
Remember that Salto was launched in October 2020, with the firm intention of offering a service made in France capable of offering not only streaming television, but also a service of replays and new content.
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See the offer
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- Access to the programming of the TF1, M6 and France Télévisions groups
- Some programs available before they air
- Some exclusive series and different classics
A little over a year after its launch, Salto is still far from being an essential in the video streaming landscape. Some elements are missing and the interface may seem confusing at first, while the catalog still has some gaps and inconsistencies.
The platform, which is technically perfectly functional, remains an interesting alternative for lovers of French productions. Salto even has potential beyond that, and could become a nice complementary solution by drawing more from its neighbours.
A little over a year after its launch, Salto is still far from being an essential in the video streaming landscape. Some elements are missing and the interface may seem confusing at first, while the catalog still has some gaps and inconsistencies.
The platform, which is technically perfectly functional, remains an interesting alternative for lovers of French productions. Salto even has potential beyond that, and could become a nice complementary solution by drawing more from its neighbours.
Source: The echoes
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