M6 Group

Bertelsmann explores $3.6bn sale of France’s M6 Group

German media conglomerate Bertelsmann is reportedly looking to sell its controlling stake in French broadcast group M6 and has already approached potential buyers including France’s Vivendi and Altice Europe. Bertelsmann is said to be looking for a deal worth around €3bn ($3.6bn) for the M6 Group, which it controls through its subsidiary RTL Group, and […]

Canal+ owner Vivendi acquires 10% stake in Lagardère

Canal+ owner Vivendi has taken a 10.6% stake in troubled French media conglomerate Lagardère. The move, which follows Vivendi’s successful sale of a 10% stake in Universal Music Group to Tencent in a deal that valued the music unit at €30bn ($33bn), comes after a period when Lagardère has been under pressure from an activist […]

French broadcasters combine forces in major OTT TV plan

French commercial broadcasters TF1 and M6 Group and public broadcaster France Televisions have teamed up to launch a joint national OTT TV platform, Salto. The trio plan to launch a joint offering with a variety of programming genres including news and debate, magazine programmes, special events, sports, entertainment and French homegrown drama as well as […]

M6 debuts millennials digital studio

France’s M6 Group has officially kicked off a new millennial-focused offering. Golden Network, launched last Thursday, is billed an integrated digital studio dedicated to the creation of content for Generation Y (those born between 1980 and 1995). Headed by Adrien Labastire, the founder of M6’s first comedy video platform, Golden Moustache, Golden Network is headquartered […]

M6 groups broadcasting assets after RTL deal

M6 Group is to acquire the French radio assets of RTL Group as part of a move by the pan-European broadcast giant to pool its French broadcasting activities in one company. RTL is M6 Group’s principal shareholder, with a 48.26% stake. Under the terms of the deal, M6 plans to acquire 100% ownership of RTL […]

RTL stays stable as FremantleMedia dips

A stronger advertising market in Germany and digital growth helped keep RTL Group’s top line more or less stable for the first quarter, though production unit FremantleMedia wobbled. Revenues were down slightly from €1.313 billion (US$1.49 billion) to €1.308 billion, with a higher sales at RTL Deutschland being offset by lower revenue at France’s M6 […]

RTL hit by €88m impairment

RTL Group has posted a €88 million (US$116.8 million) impairment in its first-half results as a consequence of the new advertising tax rules implemented by the Hungarian government. Co-CEOs Anke Schäferkordt and Guillaume de Posch (pictured) said that new advertising tax would “strongly reduce the profitability of RTL Hungary”, which, together with continued problems in the […]