French streamer Salto could be shut down or sold.

By | November 16, 2022

French streaming service Salto, owned by TF1, M6 and France Télévisions, could change hands or close in the near future. Difference He confirmed.

In the year

Salto, which sells for €6.99 ($7.23) per month, was launched in 2015. As of June 2021, it had just 523,000 subscribers and ranked behind other domestic streams at the end of last year, including Canal+, OCS, BEIN and RMC, according to research by NPA Conseils. Harris Interactive. In the year With annual revenue of €17.1 million in 2021, the company was valued at €45 million as of March.

The service offers a selection of 19 different channels belonging to TF1, France Television and M6, as well as streaming upcoming shows and hot content.

Tensions between French television and the two commercial channels TF1 and M6 began to rise after they announced their planned merger in May 2021. A share of French television if their merger is greenlit by the antitrust board.

Merger plans were eventually abandoned by TF1 and M6 after France’s antitrust body raised several concerns. Against the background of this new development, it is unclear where Ernotte stands on the topic. However, it is now the turn of the TF1 team’s new managing director, Rodolphe Bellmer (pictured), to question his involvement in the flagship sale.

Bellmer, who previously ran Canal Plus Group, said he intends to leave when he takes over as managing director of TF1 Group. Bellmer will become TF1 team president in February, replacing Gilles Pellisson. The company has its own streaming platform, MyTF1.

Local news outlet La Lettre A, which first reported on Salto, reports that a meeting between Salto’s three shareholders will decide how to proceed with the stream before the end of the month. Options include shutting down or selling the service.

Category: tv

Leave a Reply

Your email address will not be published. Required fields are marked *