Salto: France Télé could leave the platform in the event of a merger between M6 and TF1

Héloise Goy, edited by Yanis Darras
modified to

10:23 a.m., March 25, 2022

The French video-on-demand platform, Salto, could soon lose one of these members. The France Télévisions group could soon cease its participation in the platform in the event of the formalization of the merger between TF1 and M6, also contributors to Salto. The catalog should remain unchanged for subscribers for the year 2022.

France Télévisions could soon stop its participation in the Salto platform, competitor of Netflix and Amazon Prime Video, only if the merger between the TF1 group and M6 succeeds. Salto is currently tripartite: it is the common platform between TF1, M6 and France Télévisions. Since its launch in October 2020, Salto has been owned equally by these three broadcasters.

This Thursday, the three groups reached an agreement. If the merger between TF1 and M6 takes place as planned in early 2023, France Télévisions will sell its shares in Salto for 45 million euros. An amount that corresponds to what each broadcaster had agreed to pay initially to operate the platform. The operation should therefore be economically neutral for France Télévisions.

No changes for subscribers

What is already certain is that nothing will change for subscribers this year, in 2022. But if the competition authority gives the green light to the merger between TF1 and M6 and this new entity buys the shares of public audiovisual group, this means that the content of France Télévisions would no longer be available on Salto in 2023.

But according to information from Les Echos, the public group could subsequently seek to enter into distribution agreements with Salto.

Source link -76