RTL Group has chosen TF1 to combine with M6. It is positive for TF1 considering the good financial metrics of M6. The cost synergies are significant at €250-350m per year in the first three years as from 2023. During the next 18 months, the challenge is to get round the anti-trust regulation and CSA rules. It means the disposal of three free-to-air channels amongst others. The question mark is if it is enough to reverse positively the top line.
18 May 2021
TF1 and M6 in exclusive negotiations to merge
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TF1 and M6 in exclusive negotiations to merge
- Published:
18 May 2021 -
Author:
Hélène Coumes -
Pages:
3
RTL Group has chosen TF1 to combine with M6. It is positive for TF1 considering the good financial metrics of M6. The cost synergies are significant at €250-350m per year in the first three years as from 2023. During the next 18 months, the challenge is to get round the anti-trust regulation and CSA rules. It means the disposal of three free-to-air channels amongst others. The question mark is if it is enough to reverse positively the top line.