Billionaire Niel's NJJ Projet to challenge M6 and TF1 for French TNT TV licenses

Television Francaise 1 SA

23/01/2023 18:59

PARIS, Jan 23 (Reuters) - French billionaire Xavier
Niel's NJJ Projet entity will compete with TV rivals M6
 MMTP.PA  and TF1  TFFP.PA  for new French TNT TV licences, said
the Arcom regulator on Monday.
    Last year, Bertelsmann's RTL Group and Bouygues  BOUY.PA ,
the parent group of France's biggest private TV network TF1,
ended a plan to merge M6 and TF1 into a national television
champion last month, saying demands by the French competition
authority made it unworkable. 
 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))