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Share Name | Share Symbol | Market | Type |
---|---|---|---|
M6 Metropole Television | EU:MMT | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.12 | 1.00% | 12.14 | 12.02 | 12.24 | 12.22 | 12.02 | 12.04 | 58,274 | 16:40:00 |
Regulatory News:
Following the 17 May 2021 announcement of the proposed merger between the TF1 and M6 groups (Paris:MMT), the France Télévisions group expressed its wish, if the merger is completed, to divest its equity interest in Salto (the subscription video on demand service launched in October 2020 and owned in equal shares by France Télévisions, TF1 and M6).
Under the terms of an agreement signed today, the TF1 and M6 groups have undertaken that if the merger is completed, they would buy out the 33.33% equity interest held by France Télévisions at a definitive value of €45 million. The new group would then own 100% of Salto, enabling it to develop a streaming project.
Because the agreement is conditional on completion of the merger between the M6 and TF1 groups, Salto will remain under the joint control of its three shareholders throughout 2022 to facilitate the ongoing development of the platform, in line with undertakings made in connection with French Competition Authority decision no. 19-DCC-157.
Neuilly sur Seine, 24 March 2022
About the TF1 group The TF1 group is a major player in the production, publication and distribution of content. Our ambition is to use our content to positively inspire society. Our operations comprise:
The TF1 group has operations in 20 countries and nearly 3,700 employees. In 2021, the Group generated revenue of €2,427.1m (Euronext Paris, compartment A: ISIN FR0000054900). For more information go to: groupe-tf1.fr
About France Télévisions France Télévisions is the no.1 French broadcaster in terms of audiences (29.1% share of individuals aged 4+ in 2021), and is home to:
France Télévisions is a dominant player in French broadcasting: 4 out of 5 French people watch France Télévisions every week, across all screens. Click here for France Télévisions in pictures| For more information go to: francetelevisions.fr
About the M6 group Founded in 1987 on the basis the M6 TV channel, the M6 group is a multimedia group offering a wide range of programmes, products and services: TV (13 channels, including M6, France’s second largest private channel) radio (3 stations, including RTL, France’s leading private radio station) alongside production, digital, e-commerce, cinema, music, shows, etc. Building on strong brands and content, M6 group has gradually expanded its activities through targeted diversifications and innovative offerings, such as 6play, a digital platform launched in 2013 (more than 28 million active users) and Salto, launched in 2020. Its objective: to extend the complementary of its brands in order to meet the expectations of its various audiences in their new consumption patterns. For more information go to: groupem6.fr
View source version on businesswire.com: https://www.businesswire.com/news/home/20220324005884/en/
TF1 GROUPE VP COMMUNICATION & BRANDS – Maylis CARCABAL – mcarcabal@tf1.fr - +33 (0)6 6 59 87 05 CORPORATE COMMUNICATION – Coline PECHERE – cpechere@tf1.fr - +33 (0)6 26 07 68 52 INVESTOR RELATIONS – comfi@tf1.fr @GroupeTF1
FRANCE TELEVISIONS GROUP CORPORATE COMMUNICATION – Muriel ATTAL – muriel.attal@francetv.fr - +33(6) 6 14 61 07 32 @FranceTele
M6 GROUP VP COMMUNICATION – Benjamin BOIRON - benjamin.boiron@m6.fr – +33 (0)1 41 92 24 02 CORPORATE COMMUNICATION – Paul MENNESSON – paul.mennesson@m6.fr – +33 (0)6 79 07 60 45 INVESTOR RELATIONS – Guillaume COUTURIE - guillaume.couturie@m6.fr - +33 (0)1 41 92 28 03 @M6Groupe
1 Year M6 Metropole Television Chart |
1 Month M6 Metropole Television Chart |
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