France’s National Assembly has shown its support for digital terrestrial television by voting unanimously in favor of loosening rules on how much shareholders can own in a TV channel.
Present rule, which prevents a single shareholder from owning more than 49%, will only apply to operators with over 2.5% of the overall TV aud. Since none of the digital terrestrial broadcasters has more than 0.5% aud share, there’s plenty of room to develop.
Thursday’s vote confirmed Culture and Communications Minister Catherine Tasca’s announcement at Mip TV.
Change comes after intense lobbying by private stations such as TF1, which stood to lose out in the switch next year because its 100%-owned theme channels would have been disqualified from license bids.