To survive, Salto must find a new “shareholder”, he told the figaro Delphine Ernotte, president of France Télévisions, co-shareholder with TF1 and M6 of the platform. Another source familiar with the matter confirmed to AFP the decision of TF1 and M6 to leave the capital of Salto, in the equal hands of the three audiovisual groups, revealed last week by The letter “A.
On borrowed time, the streaming service, launched in October 2020 by private channels and the public service to compete with Netflix, “has a future, but not with the shareholding as it is today,” said Delphine Ernotte. “If it finds a buyer tomorrow, I will have no problem leaving our content there,” she added, without specifying whether France Télé also wanted to leave the capital Salto.
Cancellation of the marriage between TF1 and M6
The platform, which plans to reach one million subscribers by the end of the year, suffers the cancellation of the marriage between TF1 and M6. Following the announcement in May 2021 of the project to join the two channels, France Télévisions had expressed its desire, in the event the merger was completed, to sell its stake in Salto.
In March 2022, TF1 and M6 had committed to buy, in the event of a union, the public group’s participation in the video-on-demand offer, for an amount of 45 million euros. Or exactly the sum that France Télévisions lacks to complete its 2023 budget and “totally absorb inflation”, as Delphine Ernotte reminded the figaro.
According to The letter “A Y le figaro, the talks for the recovery of Salto “should be opened” with Canal +, already in pole position to buy OCS, the Orange television subsidiary. Contacted, Salto had no comment. In the absence of a buyer, the company would be forced to close. It has 70 employees and around thirty internal service providers, involving 250 people in total.
Source: BFM TV
