Proposed merger between TF1 and M6 group abandoned, companies say

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Reuters UK

PARIS (Reuters) -A proposed merger between French TV groups TF1 and M6, which would have created by far the biggest television company in France, has been abandoned, the companies said in a joint statement on Friday. The merger plans, a bid to fend off the rise of streaming platforms such as Netflix and Amazon Prime Video, would have shaken up France’s television landscape. The companies have been facing stiff opposition from rivals in recent months. “Bouygues, RTL Group, Groupe TF1 and Groupe M6 have today decided to call off their plan to merge TF1 and M6,” they said, adding that the conditi…

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