Inside Move: Teuton takeover

RTL incursion at M6 spurs <I>la resistance</I>

RTL incursion at M6 spurs la resistance

The imminent fall under German control of Gallic TV station M6 has stirred passions at French broadcasting’s highest levels.

In a rare outburst, leading web TF1’s majority shareholder Martin Bouygues lashed out at authorities last week for giving the RTL Group control of the web, calling it “a very serious affair for French broadcasting.”

“I’m shocked,” the head of the Bouygues Group told Le Monde.

On Nov. 24 the watchdog CSA gave the greenlight for French utility Suez to sell most of its 37% stake in M6. The CSA added a proviso that RTL, M6’s other shareholder, must agree to not increase its voting rights above 34% — the level at which they were pegged equally with Suez’s two years ago.

But that didn’t wash with Bouygues.

“Let’s not be naive,” he said. “The sale of Suez’s stake in M6 completely upsets the balance of French broadcasting.”

“This French channel is going to fall under the control of one of the world’s top media groups, Bertelsmann. Sure, the staff is French, but from now on the power is German.”

Bouygues says he and TF1 topper Patrick Le Lay presented their concerns to the CSA, but apparently to no avail.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading