France’s two leading commercial broadcasters M6 and TF1 have announced that they have entered into merger negotiations. The pair, which already are partnered on streaming service Salto along with pubcaster France Télévisions, announced that the proposed merger would create a French media group “with the broadest TV, radio, digital, content production and technology offering to […]
RTL Group has agreed to acquire a 50% stake in Groupe M6’s tech business, Bedrock. A joint statement from RTL and M6 said that they “aim to create a European leader in streaming technology.” Bedrock first started life in 2008, with Groupe M6 saying that it has been “anticipating the need for and significance of” […]
Lagardère has confirmed a deal to sell its TV channels to RTL-owned M6 Group for €215 million. Lagardere said that the pair had signed an agreement to transfer its portfolio of channels with the exception of classical music service Mezzo. The sale of its TV channels will see Lagardère refocus its activities on its publishing […]
RTL Group remains committed to a digital expansion strategy despite uncertainty over the future of multichannel network BroadbandTV and expects digital to account for at least 15% of overall revenues within the next three to five years, according to co-CEOs Anke Schäferkordt and Guillaume de Posch. The affirmation came as the Luxembourg-based media group reported […]
M6 Group is to acquire the French radio assets of RTL Group as part of a move by the pan-European broadcast giant to group its French broadcasting activities in one company. RTL is M6 Group’s principal shareholder, with a 48.26% stake. Under the terms of the deal M6 plans to acquire 100% ownership of RTL […]
RTL Group reported strong first half results, despite ad market decreases in all of its core markets except Germany, which remained stable year-on-year. The firm attributed these ad conditions for a slight decrease in revenue, which was down 1.3% year-on-year to €2.78 billion. However, profit was up 52.6% to €418 million, while reported EBITDA was […]
