TF1 Group
| File:TF1 logo 2013.png | |
| Company type | Template:Lang-fr |
|---|---|
| Euronext: TFI | |
| Industry | Media |
| Founded | 1987 |
| Headquarters | Boulogne-Billancourt, France |
Key people | Nonce Paolini (Chairman and CEO) |
| Products | Television broadcasting and production, websites, media investments |
| Revenue | €2.622 billion (2010)[1] |
| €313.2 million (2010)[1] | |
| €228.3 million (2010)[1] | |
| Total assets | €3.325 billion (end 2010)[1] |
| Total equity | €1.548 billion (end 2010)[1] |
| Owner | Bouygues (43%) |
Number of employees | 3,800 (end 2010)[1] |
| Website | www.groupe-tf1.fr |
TF1 Group is a French media holding company (Template:Lang-fr), the owner of channel TF1, the largest European private TV channel.
The group was formed after TF1 was privatised in 1987. It is controlled with a 43% stake by Bouygues, is quoted on Euronext Paris.
Operations
Television
TF1 Group owns or has a direct stake in the following television channels:
- TF1, the most popular channel in France
- LCI - La Chaîne Info (launched in 1994)
- TV Breizh - 80% stake
- Stylia (ex-Odyssée launched in 1996) - 80% stake
- Histoire (launched in 2004) - 80% stake
- Ushuaïa TV - 80% stake
- TMC Monte Carlo - 80% stake
- TF6 - 50% stake
- Série Club - 50% stake
- NT1
- HD1 (launched in 2012)
In June 2009 TF1 Group agreed to buy the NT1 channel from AB Groupe, as well as AB's 40% stake in TMC Monte Carlo (which would take TF1's total stake to 80%). The deal was cleared by France's competition authority and subsequently by the Council of State in December 2010, dismissing an appeal by Métropole Télévision.[2] As part of the same transaction the group raised its stake in WB Television to 49%.[3]
On 21 December 2012, Discovery Communications purchased a 20% stake in Eurosport from TF1 Group for €170m.[4] Discovery has the option to increase its stake to 51% in 2014. Should Discovery exercise its option, TF1 Group would have the ability to then exercise a put option over the remaining 49% that would see Discovery take full control.[5] On 22 July 2015 Discovery agreed to acquire TF1's remaining 49% stake in the venture.[6] Discovery also took a 20% share in TV Breizh, Histoire, Ushuaia TV and Stylia – for €14m, with the option of increasing its shareholding to 49% in each channel in 2014. Discovery and TF1's production arm will also work together on making programmes.
Other assets
The firm holds a number of other interests in the advertising, internet and publishing fields, including 34% of Metro International's operations in France.
References
- ^ a b c d e f "Annual Report 2010" (PDF). TF1 Group. Retrieved 4 May 2011.
- ^ Le Galès, Yann; Renault, Enguérand (30 December 2010). "TF1 autorisée à racheter TMC et NT1". Le Figaro (in French). Retrieved 4 May 2011.
- ^ Vidalon, Dominique; Jacobs, Caroline (28 May 2009). "TF1 in exclusive talks to buy digital TV assets". Reuters. Forbes. Retrieved 2009-09-19.
- ^ "TF1 & Discovery Communications finalize agreement and move forward to build three-tier strategic alliance across Eurosport, four payTV channels and production" (Press release). TF1 Group. 2012-12-21. Retrieved 2013-01-23.
- ^ "Discovery moves into sport with a 20% stake in Eurosport". The Guardian. 13 December 2012.
- ^ http://www.broadbandtvnews.com/2015/07/22/discovery-to-take-full-control-of-eurosport/
