TF1 Group

TF1 Group (French: Groupe TF1) is a French media holding company. Its most well-known property is the broadcast network TF1.

TF1 SA
Native name
Groupe TF1
TypeSociété anonyme
Euronext Paris: TFI
CAC Mid 60 Component
IndustryMedia
Founded1975
1987 (privatized)
FounderGovernment of France
HeadquartersTF1 Tower,
Boulogne-Billancourt
,
France
Key people
Gilles Pélisson (Chairman and CEO)
ProductsTelevision broadcasting and production, websites, media investments
Revenue €2.288 billion (2018)
€174 million (2018)
€128 million (2018)
Total assets €3.157 billion (2018)
Number of employees
3,135 (2018)
ParentBouygues (43.8%)
Websitewww.groupe-tf1.fr
Footnotes / references
[1][2]

The group was formed after TF1 was privatized in 1987. It is controlled with a 43% stake by Bouygues, and is quoted on Euronext Paris.

History

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.[3] As part of the same transaction the group raised its stake in WB Television to 49%.[4]

On 21 December 2012, Discovery Communications purchased a 20% stake in Eurosport from TF1 Group for €170m.[5] 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.[6] On 22 July 2015 Discovery agreed to acquire TF1's remaining 49% stake in the venture.[7] 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.

TF1 Group's Newen agree to acquired a majority stake in Reel One of Montreal in July 2019. Current owner and CEO Tom Berry would retain a minority stake in the company.[8]

Operations
  • Newen - Paris-based TV production company[8]
    • Capa Drama, French banners
    • Telfrance, French banners
    • Nimbus, Denmark
    • Tuvalu, Netherlands
    • Pupkin, Netherlands
    • De Mensen, Belgium
    • BlueSpirit, Canadian animation company
    • Reel One, Canadian production outfit[8]

OTT platform

Television

TF1 Group owns or has a direct stake in the following television channels:

Free-to-air
  • TF1, channel 1
  • TMC, channel 10
  • TFX (launched in 2005 as NT1), channel 11
  • TF1 Séries Films (launched in 2012 as HD1), channel 20[9]
  • LCI - La Chaîne Info (launched in 1994), channel 26

Pay

Former
  • Stylia (ex-Odyssée launched in 1996, closed in 2014) - 80% stake
  • TF6 (closed in 2014) - 50% stake

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
  1. TF1 Group, , retrieved 13 March 2019
  2. TF1 Group, , retrieved 13 March 2019
  3. Le Galès, Yann; Renault, Enguérand (30 December 2010). "TF1 autorisée à racheter TMC et NT1". Le Figaro (in French). Retrieved 4 May 2011.
  4. Vidalon, Dominique; Jacobs, Caroline (28 May 2009). "TF1 in exclusive talks to buy digital TV assets". Forbes. Reuters. Retrieved 2009-09-19.
  5. "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. Archived from the original on 2013-10-22. Retrieved 2013-01-23.
  6. "Discovery moves into sport with a 20% stake in Eurosport". The Guardian. 13 December 2012.
  7. "Discovery to take full control of Eurosport". broadbandtvnews.com. 22 July 2015. Retrieved 6 April 2018.
  8. Keslassy, Elsa (July 11, 2019). "France's Newen Acquires Canadian Outfit Reel One (EXCLUSIVE)". Variety. Retrieved December 2, 2019.
  9. Nabyla, Daidj (2014-09-30). Developing Strategic Business Models and Competitive Advantage in the Digital Sector. IGI Global. ISBN 9781466665149.
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