Brad Pitt’s Plan B Entertainment is selling a majority stake to Paris-based Mediawan, Deadline has confirmed, following news several months ago that the company was seeking a buyer.
21.11.2022 - 16:27 / deadline.com
French streaming platform Salto – a joint venture between TF1, M6 and France Télévisions – could be sold off or shut down in the coming months, according to local media reports.
Broadcasting rivals TF1, M6 and France Télévisions launched the streamer in October 2020 with ambitions to create a French-style Netflix, but the platform has never really taken off with French viewers.
With subscriptions set at between $7 and $13, it never drew more than one million subscribers, with current numbers believed to be around 800,000, against Netflix’s 10 million subscribers in France as of this summer.
Le Monde reported last week that the partners were holding talks over its future and that this could result in a sell-off.
Financial broadsheet Les Échos and daily newspaper Libération broke the news over the weekend that TF1 and M6 had officialized their desire to sell their shares.
Local media outlets suggested it was unlikely that France Télevisions, which is currently in the process of rationalizing its own structure and spending, would have the budget to acquire the platform outright.
Specialized trade press reported that pay-TV giant Canal+ could be interested in acquiring the entire service, principally for the content that is made uniquely for the platform.
It is not clear, however, whether any of the three partners would continue to provide content for the platform in the event that they were no longer involved in the venture.
Brad Pitt’s Plan B Entertainment is selling a majority stake to Paris-based Mediawan, Deadline has confirmed, following news several months ago that the company was seeking a buyer.
Good afternoon Insiders, happy Harry and Meghan-week. Sigh. It’s been a long one but it’s Max Goldbart here cutting through the noise and bringing you the royalest news and analysis of the past seven days.
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With another winning performance at the World Cup, this time defeating Poland in the round of 16, the French national football team also led broadcaster TF1 to yet another ratings record for the year. An average 14.3 million viewers tuned in to see Les Bleus notch a 3-1 victory on Sunday, from the 4pm hour local time. This is the best score for all channels across 2022 and since July 2021. The audience share was 68.9%.
Prime Video has supplanted Netflix as the No. 1 subscription streaming outlet in the U.S. in an annual ranking compiled by research firm Parks Associates. (See full chart below.)
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France’s 2-1 victory in the World Cup group stage over Denmark on Saturday evening drew an average 11.6 million viewers to TF1 from the 5PM hour local time. This is second best audience score of the year for all programs and across all channels in the Hexagon. Upon entering the tournament last week, Les Bleus set a record for viewership in 2022, and since June 2021.
Every year, around 20 of the world’s most influential public broadcasters get together to discuss the issues of the day such as the challenge from global streaming platforms, rights and the very purpose of their existence. The Public Broadcasters International conference is part-debate, part-agenda setting and part-pep talk in truth.
Despite being plagued by injuries that knocked out some key players in past weeks, France entered the World Cup with a bang on Tuesday — and scored a ratings victory for TF1 at the same time. At home, an average 12.53 million viewers tuned in from 8 PM local time to watch Les Bleus defeat Australia’s Socceroos 4-1.
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