RTL Group has decided to keep its controlling stake in Groupe M6. The decision follows a review of strategic options in which the company determined that the legal risks and uncertainties of a move like this were too high.
TF1 and M6 groups, the top two commercial networks of France, have decided to call off their plan to merge after being auditioned by the country’s anti-trust board.
RTL Group’s consolidated revenue increased 10.3% to €6,637 million (2020: €6,017 million), mainly due to strong growth of TV advertising revenue in the second, third, and fourth quarters of 2021; plus Fremantle and streaming businesses.
Groupe TF1, Groupe M6, Groupe Bouygues and RTL Group announced that they have signed agreements to enter into exclusive negotiations to merge the activities of Groupe TF1 and Groupe M6 and create a major French media group.