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TF1 Group

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TF1 Group
Native name
Groupe TF1
Company typePublic(Société anonyme)
Euronext Paris:TFI
CAC Mid 60 Component
IndustryMedia
PredecessorsORTF
Founded6 January 1975
16 April 1987 (privatized)
FounderGovernment of France
HeadquartersTF1 Tower,
Boulogne-Billancourt
,
France
Key people
Gilles Pélisson(ChairmanandCEO)
ProductsTelevisionbroadcastingandproduction,websites,mediainvestments
RevenueIncrease€2.288 billion (2018)
Increase€174 million (2018)
Increase€128 million (2018)
Total assetsDecrease€3.157 billion (2018)
Number of employees
3,135 (2018)
ParentBouygues(43.8%)
Websitewww.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 networkTF1.

The group was formed after TF1 was privatized in April 1987. It is controlled with a 43% stake byBouygues,and is quoted onEuronext Paris.

History

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The history of TF1 traces back to 1975, when theOffice 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 conglomerateBouygueswon 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 billionfrancsto the government, completing the privatisation of TF1.[3][4]

In June 2009, TF1 Group agreed to buy theNT1channel 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'scompetition authorityand subsequently by theCouncil of Statein December 2010, dismissing an appeal byMétropole 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 asWarner Bros. Discovery) purchased a 20% stake inEurosportfrom 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 inReel Oneof 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 andM6 Groupannounced 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 byan outageon 19 July 2024.[16][17]

Operations

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  • Newen- Paris-based TV production company[11]
    • Capa Drama, French banners
    • Telfrance, French banners
    • Nimbus,Denmark
    • Tuvalu, Netherlands
    • Pupkin, Netherlands
    • De Mensen, Belgium
    • BlueSpirit, Canadian animation company
    • Reel One, Canadian production outfit[11]

Streaming service

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Television

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TF1 Group owns or has a direct stake in the following television channels:[citation needed]

Free-to-air

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  • 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

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Former

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  • JET
  • Tfou TV
  • Stylia (ex-Odysséelaunched in 1996, closed in 2014) - 80% stake
  • TF6(closed in 2014) - 50% stake

Online newspaper

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TF1 INFO (launched on 24 January 2022) brings together information provided byTF1andLCInewscast editions.[19]

Other assets

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The firm holds a number of other interests in theadvertising,internetandpublishingfields, includingAufemininand 34% ofMetro International's operations in France.

References

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  1. ^TF1 Group,[1],retrieved 13 March 2019
  2. ^TF1 Group,[2],retrieved 13 March 2019
  3. ^ab"La grande et la petite histoire de TF1 revisitées avec sérieux et ironie".Le Monde.fr(in French). 19 May 2007.Retrieved1 July2024.
  4. ^"TF1 (1975-1987)".FranceArchives(in French).Retrieved1 July2024.
  5. ^Le Galès, Yann; Renault, Enguérand (30 December 2010)."TF1 autorisée à racheter TMC et NT1".Le Figaro(in French).Archivedfrom the original on 2 January 2011.Retrieved4 May2011.
  6. ^Vidalon, Dominique; Jacobs, Caroline (28 May 2009)."TF1 in exclusive talks to buy digital TV assets".Forbes.Reuters.Retrieved19 September2009.[dead link]
  7. ^"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 fromthe originalon 22 October 2013.Retrieved23 January2013.
  8. ^"Discovery moves into sport with a 20% stake in Eurosport".The Guardian.13 December 2012.Archivedfrom the original on 11 December 2013.
  9. ^"Discovery to take full control of Eurosport".broadbandtvnews.com.22 July 2015.Archivedfrom the original on 22 July 2015.Retrieved6 April2018.
  10. ^"TF1 finalise la cession de OneCast à ITAS".CB News(in French).Archivedfrom the original on 22 July 2015.Retrieved5 January2023.
  11. ^abcKeslassy, Elsa (11 July 2019)."France's Newen Acquires Canadian Outfit Reel One (EXCLUSIVE)".Variety.Archivedfrom the original on 11 July 2019.Retrieved2 December2019.
  12. ^"Canal+ arrête de diffuser les chaînes TF1 en raison d'un désaccord commercial".iGeneration(in French).Archivedfrom the original on 2 September 2022.Retrieved5 January2023.
  13. ^"France's TF1 & M6 Enter Exclusive Merger Negotiations to Create $4B Media Giant".18 May 2021.Archivedfrom the original on 18 May 2021.
  14. ^"TF1 & M6 Propose Merger; Vungle Acquires TreSensa - ExchangeWire.com".www.exchangewire.com.Archivedfrom the original on 20 May 2021.Retrieved30 December2022.
  15. ^"Proposed merger between TF1 and M6 group abandoned, companies say".Reuters.16 September 2022.Archivedfrom the original on 20 September 2022.Retrieved16 September2022.
  16. ^"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.Retrieved19 July2024.
  17. ^"Aéroports, entreprises et hôpitaux perturbés par la plus grande panne informatique de l'histoire".Le Monde(in French). 19 July 2024.Retrieved19 July2024.
  18. ^Nabyla, Daidj (30 September 2014).Developing Strategic Business Models and Competitive Advantage in the Digital Sector.IGI Global.ISBN9781466665149.
  19. ^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).Archivedfrom the original on 27 January 2022.Retrieved9 February2024.
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