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Latest Satellite News Discussion, Update France 24 agrees TF1, France Tlvisions exit at General Satellite News forum; France 24 agrees TF1, France Tlvisions exit France 24s work council has agreed on France Tlvisions and TF1s exit from ...

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Update France 24 agrees TF1, France Tlvisions exit
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Update France 24 agrees TF1, France Tlvisions exit - 13-January-2009, 12:20

France 24 agrees TF1, France Tlvisions exit

France 24s work council has agreed on France Tlvisions and TF1s exit from the capital of the French international news channel.


The stakes of both shareholders will be ceded to holding company Audiovisuel Extrieur de la France for 2M each. The new holding will then fully own France 24.

But TF1 and France Tlvisions have not cut their partnerships with France 24. Both networks will keep providing France 24 with news and archive programmes over seven years. This will bring back 1m each year to FTV and 1.5m, including 900,000 for Eurosport, to TF1.
   
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