TF1 Group
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Native name | Groupe TF1 |
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Company type | Public (Société anonyme) |
Euronext Paris: TFI
CAC Mid 60 Component | |
Industry | Media |
Predecessors | ORTF |
Founded | 6 January 1975 16 April 1987 (privatized) |
Founder | Government of France |
Headquarters | TF1 Tower, , |
Key people | Gilles Pélisson (Chairman and CEO) |
Products | Television broadcasting and production, websites, media investments |
Revenue | €2.288 billion (2018) |
€174 million (2018) | |
€128 million (2018) | |
Total assets | €3.157 billion (2018) |
Number of employees | 3,135 (2018) |
Parent | Bouygues (43.8%) |
Website | www.groupe-tf1.fr |
Footnotes / references [1][2] |
TF1 Group (French: Groupe TF1) is a French media holding company. Its best-known property is the broadcast network TF1.
The group was formed after TF1 was privatized in April 1987. It is controlled with a 43% stake by Bouygues, and is quoted on Euronext Paris.
History
[edit]The history of TF1 traces back to 1975, when the Office de Radiodiffusion-Télévision Française (ORTF) was split into 7 successor institutions. To provide competition for Canal+, La Cinq and M6, the French government decided to privatize TF1. In April 1987, the construction conglomerate Bouygues won the resulting auction for the sale of TF1, ahead of theLagardère Group.[3] On 16 April, Francis Bouygues, the president of Bouygues, presented a check of three billion francs to the government, completing the privatisation of TF1.[3][4]
In June 2009, TF1 Group agreed to buy the NT1 channel from AB Groupe, as well as AB's 40% stake in TMC Monte Carlo (which would take TF1's total stake to 80%). The deal was cleared by France's competition authority and subsequently by the Council of State in December 2010, dismissing an appeal by Métropole Télévision.[5] As part of the same transaction, the group raised its stake in WB Television to 49%.[6]
On 21 December 2012, Discovery Communications (now known as Warner Bros. Discovery) purchased a 20% stake in Eurosport from TF1 Group for €170m.[7] Discovery had the option to increase its stake to 51% in 2014. If Discovery exercised that option, TF1 Group was entitled to then exercise a put option over the remaining 49% that would see Discovery take full control.[8] On 22 July 2015, Discovery agreed to acquire TF1's remaining 49% stake in the venture.[9] Discovery also took a 20% share in TV Breizh, Histoire, Ushuaia TV and Stylia – for €14m, with the option of increasing its shareholding to 49% in each channel in 2014. Discovery and TF1's production arm will also work together on making programmes.[10]
TF1 Group's Newen agree to acquire a majority stake in Reel One of Montreal in July 2019. Current owner and CEO Tom Berry would retain a minority stake in the company.[11]
In December 2017, the TF1 group finds an agreement with the Canal+ group, The MYTF1 service and thus restored on CANAL decoders and on myCanal and also the control of live (Start-Over) is possible on myCanal. A similar episode occurs in September 2022.[12]
On 18 May 2021, TF1 Group and M6 Group announced that both companies have begun negotiations for a proposed merger.[13][14] On 16 September 2022, the merger was officially abandoned due to competition concerns by the antitrust French authorities.[15]
Some of its channels were affected by an outage on 19 July 2024.[16][17]
Operations
[edit]Streaming service
[edit]- Salto, with France Télévisions and Groupe M6
- TF1+
Television
[edit]TF1 Group owns or has a direct stake in the following television channels:[citation needed]
Free-to-air
[edit]- TF1, channel 1
- TMC, channel 10
- TFX (launched in 2005 as NT1), channel 11
- TF1 Séries Films (launched in 2012 as HD1), channel 20[18]
- LCI - La Chaîne Info (launched in 1994), channel 26
Pay
[edit]- TV Breizh (launched in 2000)
- TF1 International, TF1's international channel
- Histoire TV (launched in 1997)
- Ushuaïa TV (launched in 2005)
- Série Club - 50% stake
Former
[edit]- JET
- Tfou TV
- Stylia (ex-Odyssée launched in 1996, closed in 2014) - 80% stake
- TF6 (closed in 2014) - 50% stake
Online newspaper
[edit]TF1 INFO (launched on 24 January 2022) brings together information provided by TF1 and LCI newscast editions.[19]
Other assets
[edit]The firm holds a number of other interests in the advertising, internet and publishing fields, including Aufeminin and 34% of Metro International's operations in France.
References
[edit]- ^ TF1 Group, [1], retrieved 13 March 2019
- ^ a b "La grande et la petite histoire de TF1 revisitées avec sérieux et ironie". Le Monde.fr (in French). 19 May 2007. Retrieved 1 July 2024.
- ^ "TF1 (1975-1987)". FranceArchives (in French). Retrieved 1 July 2024.
- ^ Le Galès, Yann; Renault, Enguérand (30 December 2010). "TF1 autorisée à racheter TMC et NT1". Le Figaro (in French). Archived from the original on 2 January 2011. Retrieved 4 May 2011.
- ^ Vidalon, Dominique; Jacobs, Caroline (28 May 2009). "TF1 in exclusive talks to buy digital TV assets". Forbes. Reuters. Retrieved 19 September 2009.[dead link]
- ^ "TF1 & Discovery Communications finalize agreement and move forward to build three-tier strategic alliance across Eurosport, four payTV channels and production" (Press release). TF1 Group. 21 December 2012. Archived from the original on 22 October 2013. Retrieved 23 January 2013.
- ^ "Discovery moves into sport with a 20% stake in Eurosport". The Guardian. 13 December 2012. Archived from the original on 11 December 2013.
- ^ "Discovery to take full control of Eurosport". broadbandtvnews.com. 22 July 2015. Archived from the original on 22 July 2015. Retrieved 6 April 2018.
- ^ "TF1 finalise la cession de OneCast à ITAS". CB News (in French). Archived from the original on 22 July 2015. Retrieved 5 January 2023.
- ^ a b c Keslassy, Elsa (11 July 2019). "France's Newen Acquires Canadian Outfit Reel One (EXCLUSIVE)". Variety. Archived from the original on 11 July 2019. Retrieved 2 December 2019.
- ^ "Canal+ arrête de diffuser les chaînes TF1 en raison d'un désaccord commercial". iGeneration (in French). Archived from the original on 2 September 2022. Retrieved 5 January 2023.
- ^ "France's TF1 & M6 Enter Exclusive Merger Negotiations to Create $4B Media Giant". 18 May 2021. Archived from the original on 18 May 2021.
- ^ "TF1 & M6 Propose Merger; Vungle Acquires TreSensa - ExchangeWire.com". www.exchangewire.com. Archived from the original on 20 May 2021. Retrieved 30 December 2022.
- ^ "Proposed merger between TF1 and M6 group abandoned, companies say". Reuters. 16 September 2022. Archived from the original on 20 September 2022. Retrieved 16 September 2022.
- ^ "DIRECT. Panne mondiale chez Microsoft : après l'Australie, la France, la Belgique, le Royaume-Uni, le Japon sont touchés". La Voix du Nord (in French). 19 July 2024. Retrieved 19 July 2024.
- ^ "Aéroports, entreprises et hôpitaux perturbés par la plus grande panne informatique de l'histoire". Le Monde (in French). 19 July 2024. Retrieved 19 July 2024.
- ^ Nabyla, Daidj (30 September 2014). Developing Strategic Business Models and Competitive Advantage in the Digital Sector. IGI Global. ISBN 9781466665149.
- ^ Sacré, Jean-François; Souris, Simon (14 January 2022). "TF1 lance un JT à la carte" [TF1 launches an à la carte television newscast]. L'Echo (in French). Archived from the original on 27 January 2022. Retrieved 9 February 2024.