TF1 buying broadcasters TMC and NT1
After long negotiations commercial broadcaster TF1 has virtually completed the purchase of two broadcasters TMC and NT1 operating on the free-to-air DTT platform
Completion of the purchase will require the approval of the broadcast regulator, CSA, and the competition regulator.
TMC currently has an audience share of 2.4% and a turnover of €48 million while NT1 has a 1.3% audience share and currently operates with a deficit of €2.5 million.
Source: Le Figaro
Item added: 1st June 2009