The tricolor competitor of Netflix and others must find a new shareholder base to survive, announced in November the boss of the public group, Delphine Ernotte.

The dissolution and cessation of Salto’s activities are on the agenda of an extraordinary central social and economic committee (CSE) scheduled for this Friday at France Télévisions, we learned on Monday from concordant sources, confirming information from the Puremedias site.

The future of the platform, launched in October 2020 by TF1, M6 and France Télévisions, will thus be discussed, without it being known at this stage whether this signals its future disappearance.

To Spain?

TF1 and M6 have already made it known that they wanted to leave the capital of Salto, held equally by the three audiovisual groups.

“If tomorrow he finds a buyer, I will have no problem leaving our content there,” said Delphine Ernotte, without specifying whether France TV also wanted to exit Salto’s capital.

But according to the investigative site The Informed, only a Spanish company, Agile, is a candidate for taking over the platform as a whole. If this option fails, a dissolution of Salto “with the sale of assets (customer portfolio, technical platform, etc.) one by one” could interest various players.

The platform, which planned to reach one million subscribers and employed 70 employees at the end of 2022, suffered from the cancellation of the marriage between TF1 and M6.

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply