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(ChairmanandCEO) |
| Products | Televisionbroadcastingandproduction,websites,mediainvestments |
| 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 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
[edit]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. Since the privatization, it has been controlled by theBouyguesconglomerate.
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.[3]As part of the same transaction, the group raised its stake in WB Television to 49%.[4]
On 21 December 2012,Discovery Communicationspurchased a 20% stake inEurosportfrom TF1 Group for €170m.[5]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.[6]On 22 July 2015, Discovery agreed to acquire TF1's remaining 49% stake in the venture.[7]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.[8]
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.[9]
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.[10]
On 18 May 2021, TF1 Group andM6 Groupannounced that both companies have begun negotiations for a proposed merger.[11][12]On 16 September 2022, the merger was officially abandoned due to competition concerns by the antitrust French authorities.[13]
Some of its channels were affected byan outageon 19 July 2024.[14]
Operations
[edit]Streaming service
[edit]- Salto,withFrance TélévisionsandGroupe 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[15]
- 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-Odysséelaunched 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 byTF1andLCInewscast editions.[16]
Other assets
[edit]The firm holds a number of other interests in theadvertising,internetandpublishingfields, includingAufemininand 34% ofMetro International's operations in France.
References
[edit]- ^TF1 Group,[1],retrieved 13 March 2019
- ^Le Galès, Yann; Renault, Enguérand (30 December 2010)."TF1 autorisée à racheter TMC et NT1".Le Figaro(in French).Retrieved4 May2011.
- ^Vidalon, Dominique; Jacobs, Caroline (28 May 2009)."TF1 in exclusive talks to buy digital TV assets".Forbes.Reuters.Retrieved2009-09-19.[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. 2012-12-21. Archived fromthe originalon 2013-10-22.Retrieved2013-01-23.
- ^"Discovery moves into sport with a 20% stake in Eurosport".The Guardian.13 December 2012.
- ^"Discovery to take full control of Eurosport".broadbandtvnews.com.22 July 2015.Retrieved6 April2018.
- ^"TF1 finalise la cession de OneCast à ITAS".CB News(in French).Retrieved2023-01-05.
- ^abcKeslassy, Elsa (July 11, 2019)."France's Newen Acquires Canadian Outfit Reel One (EXCLUSIVE)".Variety.RetrievedDecember 2,2019.
- ^"Canal+ arrête de diffuser les chaînes TF1 en raison d'un désaccord commercial".iGeneration(in French).Retrieved2023-01-05.
- ^"France's TF1 & M6 Enter Exclusive Merger Negotiations to Create $4B Media Giant".18 May 2021.
- ^"TF1 & M6 Propose Merger; Vungle Acquires TreSensa - ExchangeWire.com".www.exchangewire.com.RetrievedDec 30,2022.
- ^"Proposed merger between TF1 and M6 group abandoned, companies say".Reuters.September 16, 2022.RetrievedSeptember 16,2022.
- ^"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.Retrieved19 July2024.
- ^Nabyla, Daidj (2014-09-30).Developing Strategic Business Models and Competitive Advantage in the Digital Sector.IGI Global.ISBN9781466665149.
- ^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 9 February 2024.Retrieved9 February2024.
