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French Streamer Salto in Turmoil: TF1, M6, Two of Three Parent Companies, to Sell Their Stakes

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Commercial Networks TF1, M6 to Exit French Streaming Service Salto

The service, which launched in 2020 after multiple delays, was created by TF1, M6, France Televisions in an effort to give subscribers a local alternative to Netflix and other global services.

With an annual revenue of €17.1 million in 2021, the company was valued at €45 million as of March. The service features catch-up content from 19 different channels belonging to TF1, France Télévisions and M6, as well as premieres of upcoming shows, and fresh content available for streaming.

 

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