According to information from Puremedias, Salto, the French streaming platform launched in October 2020, could soon bow out.
Bad news for Salto subscribers… According to information from our colleagues at Puremédias, the streaming platform made in France could close its doors very soon.
The president of France Télévisions, Delphine Ernotte, will thus act this Friday, January 20, according to the agenda of an extraordinary central social and economic committee (CSE), the “cessation of activities” and the “dissolution of the Salto company“.
According to information from the investigation site L’informé, a Spanish company, Agile, is a candidate for taking over the platform as a whole. If this acquisition were not to take place, a dissolution of Salto “with sale of assets (customer portfolio, technical platform, etc.) one by one“which could allow Salto to recover some of its losses.
The person informed thus estimates the deficit of the platform at 85.6 million euros for a turnover of 17.1 million euros. The other solution would be a pure and hard end, which means that no other actor would inherit the content and/or the 800,000 subscribers of the platform.
Launched in October 2020, Salto suffered from the annulment of the marriage between TF1 and M6. After the announcement in May 2021, France Télévisions had announced that it would cease its participation in Salto if the merger project were to be carried out. In March 2022, TF1 and M6 undertook to buy out the public group’s stake, which amounted to 45 million euros.
Contacted by our colleagues from Puremédias, TF1, France Télévisions, M6 and Salto did not wish to react.