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TF1-M6 channel sale underway

January 14, 2022 12.11 Europe/London By Julian Clover

Interest in the digital TV channels run by TF1 and M6 is said to be intensifying.

A merger between the two French commercial broadcasters is underway with TFX, TF1 Series Films, Gulli and 6TER being sold off to allay competition concerns. All of them hold terrestrial licences with children’s channel Gulli attracting offers between 110 and 150 million Euros.

Alain Weill, owner of news magazine L’Express, is one of the potential buyers for the channels alongside Altice, Mediaset, Mediawan, Unique Heritage Media, Reworld Media, Xilam and Vivendi.

A final decision is expected at the end of April.

TF1, M6, Bouygues and RTL Group announced the merger plans in May 2021, resulting in the creation of a major new French media group. The transaction is aimed to close by the end of 2022.

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Filed Under: Finance, Newsline, TV Edited: 14 January 2022 12:11

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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