Business

Exclusive: France's TV Giants M6 and TF1 Eye €3.6B Merger to Challenge Netflix and Apple TV+

Revival of a Mega Merger

In a bold move to strengthen their market position, France's leading private broadcasters, M6 and TF1, are considering a €3.6 billion merger. Thomas Rabe, CEO of Bertelsmann SE & Co., hinted at the revival of this deal, emphasizing its potential to enhance competitiveness against U.S. streaming giants like Netflix and Apple TV+.

Overcoming Past Hurdles

The initial merger plan, abandoned in 2022 due to European regulatory concerns, is back on the table. This strategic alliance aims to create a powerhouse capable of navigating the rapidly evolving digital entertainment landscape.

A Strategic Alliance

By combining forces, M6 and TF1 not only aim to bolster their market capitalization but also to redefine the future of television broadcasting in France and beyond. This merger could mark a significant shift in how traditional broadcasters compete in the age of streaming.