. However, French styles like the are having a major moment.
17.01.2023 - 13:41 / deadline.com
It looks like the end of the road for Salto, the French streamer backed by the country’s major broadcasters.
Media outlets in France are reporting the troubled SVOD service – a joint venture of TF1, M6 and France Télévisions – will be closed on Friday. The two-year-old streamer has failed to take off with audiences and its subscriber base lags way behind rivals such as Netflix.
Salto’s future has been in the balance since November, when it emerged it could be sold off or shut down.
The latter option appears to have won, with France Télévisions CEO Delphine Ernotte set to enact a “cessation of activities” and “dissolution” of the company at an extraordinary committee meeting on Friday.
A report on local media site Puremedia claims a Spanish company named Agile had explored a takeover but could not come to an agreement with shareholders.
The report claims that once the company is dissolved, its platform and technical assets could be sold to another company, with its 800,000 subscribers transferring to another streamer. Amazon and Canal+ have been linked with a deal in this scenario. If this doesn’t happen, Salto will come to a hard stop.
Salto was launched in October 2020 as a broadcaster-backed alternative to Netflix but behind-the-scenes drama and a lack of customer appetite has hamstrung its chances of establishing itself properly.
Two of its parents, TF1 Group and RTL-owned M6, had failed in a bid to merge their broadcast businesses and in November it was revealed they stepped away from the service’s supervisory board. This left France Télévisions on its own.
Puremedias reported “several dozen” staff have left Salto over the past six months.
Deadline has contacted Salto reps for comment.
. However, French styles like the are having a major moment.
A French cyclist has been named as the victim of a horrific road crash involving HGV lorry.
French gender equality and diversity group Le Collectif 50/50 has hit out at the lack of female representation at the upcoming César awards, France’s equivalent to the Oscars.
, because there's already a new manicure trend taking over: vanilla French nails. The timing is ideal given our fixation with TikTok's .
French studio Pathé and film and TV financier and producer Logical Pictures have announced a three co-production and co-financing deal.
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chambre de bonne; the endless sequence of overly attractive Frenchmen popping up like marionettes on every street corner. There are the personal-brand-building selfies with the onscreen likes ticker. And then, of course, there are the American-in-Paris Barbie outfits.For anyone who has ever spent extensive time in Paris, however, the styling on the Netflix series Emily in Paris, which has been renewed for a , is bound to be the most cringe-worthy trigger of them all.
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Good afternoon Insiders, Max Goldbart here relaying a hugely busy week in the world of film and TV as the post-Christmas blues are very much washed away. Read on.
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