France Televisions, M6 and TF1 to boost budget for SVoD Salto platform - report

News Broadband France 18 OKT 2019
France Televisions, M6 and TF1 to boost budget for SVoD Salto platform - report

The three French broadcasters behind Salto intend to invest EUR 135 million in their joint venture over three years, according to information gathered by La Lettre A. This would represent a significant increase compared to the original budget of EUR 45 million, initially earmarked by Salto’s shareholders last year. France Televisions, M6 and TF1 are working to launch the SVoD service in the first quarter of 2020, following regulatory approval from the French competition authority.

In related news, Salto has reportedly started looking for an advertising agency to support its communication strategy. In mid-September, its shareholders appointed M6 executive Thomas Follin to head the operations. He has now taken the role alongside TF1 CEO Gilles Pelisson, who for the next two years will act as chairman of Salto’s supervisory board. 



Categories:

Internet,  Video

Companies:

M6,  TF1,  France Televisions,  Salto

Countries:

France

Tags:

Consumer, Financial funding

Related Articles

FRANCE 27 FEB 2020

Salto partners face renewed opposition from Iliad and Molotov – report

Free's parent company Iliad has launched an appeal with the French supreme court (Conseil d'Etat) against the decision to approve Salto that was issued by the competition authority in August 2019, reports La Lettre A. France Televisions, M6 and TF1, the three partners behind the Salto joint venture, plan to launch a test version of the SVoD service on 03 June. 

SCANDINAVIA 26 FEB 2020

NENT announces English original screen adapation of eco-thriller 'The Swarm'

Nordic Entertainment Group (NENT) said its next original production will be a screen adaptation of Frank Schatzing's best-selling ecological thriller novel, 'The Swarm'. Frank Doelger ('Game of Thrones') will be executive producer of the eight-episode, English language serial, which will premiere exclusively in the Nordic region on NENT's Viaplay streaming service.

FRANCE 11 FEB 2020

Salto SVoD service to test launch on 03 June

Thomas Follin, the former M6 executive in charge of Salto, told Le Figaro that the SVoD service will test-launch in France on 03 June, confirming earlier press reports that its market entry had been postponed. The full commercial launch of Salto will take place in September, and not in the first quarter of this year as previously announced. Follin said that Salto's catalogue should reach 20,000 hours of content by the end of the year, adding that customers will have a choice of subscriptions priced in the r

FRANCE 6 FEB 2020

French SVoD platform Salto faces delay, could soft-launch before summer - report

The commercial launch of Salto will take place after the summer and not in the first quarter of this year as previously announced, reports Les Echos citing industry sources. However, a soft-launch could still take place before summer as a workforce of around 40 employees is already in place under the helm of Thomas Follin. As recruitment progresses, Salto's staff is expected to increase to 50-60 overall during the next three months.

GLOBAL 16 JAN 2020

TV5 Monde to launch ad-funded streaming service in September

Francophone TV network TV5 Monde plans to launch an international streaming service in September, reports Le Figaro quoting CEO Yves Bigot. France Televisions, which holds a 49 percent stake in the broadcaster, has been working on the project alongside its other Canadian, Belgian and Swiss shareholders. Named TV5 Monde+, the subscription-free service will distribute a wide range of French language programmes to registered users, using an ad-funded business model.

FRANCE 9 OKT 2019

SVoD audience in France grows to reach 17.3 million viewers – study

An estimated 17.3 million French consumers have watched content on an SVoD platform in the last year, according to a recent study by Mediametrie. This represents an increase of 3 million viewers since 2018, when including TV and smaller screens.

FRANCE 13 AUG 2019

France Televisions, M6 and TF1 to launch Salto SVoD service in Q1 2020

The commercial launch of SVoD platform Salto has been scheduled for the first quarter of 2020, after the joint venture received the green light from the French competition authority, subject to conditions. In a statement, France Televisions, M6 and TF1 said that their initiative will provide a French answer to new expectations from TV viewers, in light of competition from international streaming platforms.

FRANCE 17 JUL 2019

France Televisions, M6 and TF1 propose concessions to get approval for Salto project

The launch of SVoD platform Salto could be a step closer, as the three French broadcasters behind the project have made significant commitments to the country's competition authority, in order to receive its regulatory green light. In a confidential document seen by Les Echos, France Televisions, M6 and TF1 have proposed around 20 different concessions to limit the competitive impact of Salto's market entry.

FRANCE 15 JUN 2018

France Televisions, M6 and TF1 join forces to launch common SVoD portal

Public broadcaster France Televisions has reached an agreement with private broadcasters M6 and TF1 on the creation of a common SVoD portal, called Salto. In a joint statement, the three parties said that the new service will offer a choice of subscriptions without minimum contract period. Its content offering will include live TV, replay, and online previews, alongside a large library of programmes.

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.