It’s over for Jump. The video program platform is withdrawn, the groups France Télévisions, M6 and TF1, which owned it in equal shares, announced on February 15. “The groups France Télévisions, M6 and TF1 announce their decision to stop the Salto platform”, they indicated in a press release, adding that the legal representative in charge of their liquidation would specify “shortly the calendar to stop the platform and the subscriptions “.
“A complex governance”
This sentence is not a surprise: the future of the platform was compromised for months and the abandonment at the end of September of the merger between TF1 and M6, to which France Télévisions had to resell its part to complete its budget. “This project was stopped, the shareholders of Salto judged that the conditions for the continuation of Salto in its current shareholding were not met,” stressed France Televisions, M6 and TF1.
They point to “the complex and constrained governance of this alliance and (the) refusal of most Internet Service Provider operators to distribute the platform like US platforms.” “In addition, the expressions of interest received from various actors for the capture of Salto could not lead to a realization,” they say.
“The France Télévisions, M6 and TF1 groups have pledged to make their best efforts to offer new opportunities to Salto employees”, after their collective dismissal, he continues. Launched in October 2020, Salto announced on its home page on Monday that it would no longer be accepting new subscribers.
Source: BFM TV
