Frances leading commercial broadcaster TF1 will not merge its 24-hour news channel LCI with rival broadcaster i-Tele, according to a report in Le Figaro, quoting CEO Nonce Paolini.
Paolini also said a French government tax imposed on private TV channels to help fund the revenue shortfall resulting from the advertising ban on public channels is estimated to cost TF1 Â20m this year. He added that TF1 planned to save Â100m between 2008 and 2009 to help fight the economic downturn.
Paoloni also expressed his surprise at the reactions of rival channel M6 to the nomination of Axel Duroux, a member of M6’s supervisory board, to the number-two spot at TF1.
M6 is reportedly preparing to take legal action against Duroux for unfair competition and is also considering taking action against TF1.