• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Canal’s Vincent Bolloré considers selling iTélé

May 5, 2016 10.36 Europe/London By Robert Briel

itele_logoCanal’s Vincent Bolloré is reportedly considering to sell the loss-making ad-supported news channel iTélé.

Bolloré is in the midst of emergency control at the Canal+ group and the news channel is bleeding money, EUR16 million of losses was recorded in 2014, EUR20 million in 2015 and a further EUR24 million is expected in 2016. The state of affairs at the group is so desperate, that even closing down all of Canal+ activities in France is a possibility.

The recent decision by media authority CSA to allow TF1’s news channel LCI to go free-to-air will add even more pressure to the results of iTélé , so the report by website Mediapart that Bolloré considers selling the channel comes as no surprise.

Among the possible potential buyers, the site names Patrick’s Drahi’s Altice and NextRadioTV as a possible buyer for the news channel. NextRadioTV already owns and operates BFMTV, a free-to-air news channel, as well as BFM Business, a 24/7 business news channel.

Another possible buyer could be the Media One media investment group formed last year by Xavier Niel, Matthieu Pigasse and Pierre-Antoine Capto.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Finance, Newsline, TV Tagged With: Canal+, France, i>Tele, Vincent Bolloré Edited: 5 May 2016 10:39

Avatar photo

About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

Latest News

  • Audiovisual geo-blocking end in sight
  • Canal+ refuses to bid for Ligue 1 rights
  • ProSiebenSat.1 deepens ties with MFE MediaForEurope
  • MainStreaming expands DAZN Edge platform
  • Vaibhav Global acquires Ideal World assets

Most Popular

  • Zegona confirms Vodafone Spain talks
    Zegona confirms Vodafone Spain talks
  • Caretta Research: MVPDs must evolve into 'super aggregators'
    Caretta Research: MVPDs must evolve into 'super aggregators'
  • MainStreaming expands DAZN Edge platform
    MainStreaming expands DAZN Edge platform
  • A+E Networks eyes CEE FAST channels
    A+E Networks eyes CEE FAST channels
  • Vaibhav Global acquires Ideal World assets
    Vaibhav Global acquires Ideal World assets

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Long Read

Dolby presents its Vision for pay-TV Operators

Facing challenges from all sides, pay-TV operators are in a struggle to maintain their dominance in the new world order of streaming services and smart TVs. Julian Clover speaks to Dolby’s Jason Power.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...