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France’s TF1 & M6 Enter Exclusive Merger Negotiations To Create $4B Media Giant

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deadline.com
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Leading French broadcasters TF1 and M6 have entered exclusive negotiations in view of a merger that would “provide a French response to the challenges from global platforms,” TF1 parent Bouygues announced late Monday.

The project has been unanimously approved by the boards of Groupe TF1, Groupe Bouygues, Groupe M6, and M6 parent RTL Group.The discussions are expected to last 18 months with completion aimed for by the end of 2022 after consultation with employees’ representatives, regulatory approvals, and shareholder meetings of both companies.

Already on Tuesday morning in France, news outlets have noted potential competition issues related to advertising and content that could arise from such a fusion.Bouygues said the merger would result

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