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

  • 📰 Variety
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not the right logo 😉

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines