Media: Salto (an OTT platform from France Télévisions, TF1 & M6) officially closed on 15/02/2023

The private free-TV groups TF1 and M6 and the public broadcasting group France Télévisions have officially closed the OTT platform Salto, announced the groups on 15/02/2023. It had not been possible to subscribe to the platform since 13/02/2023.

"This decision by Salto's three founder-shareholders follows the abandonment of the proposed merger between TF1 and M6, which would have paved the way for Salto to be taken over by the merged entity. Now that this project has been stopped, the shareholders of Salto have decided that the conditions are not met for Salto to continue with its current ownership structure, given the complex and constraining governance arrangements and the refusal of most internet service providers to distribute the platform, as is the case with the American platforms. In addition, none of the expressions of interest in taking over Salto received from a number of industry players could be brought to a satisfactory conclusion," explained the three groups.

"Consequently, the shareholders of Salto SNC have today decided that Mr. Marc Sénéchal, a partner in the firm…