Bertelsmann chief seeks to revive €3.6bn French TV merger

The head of Europe’s largest media company, Thomas Rabe of Bertelsmann, seeks to revive the previously abandoned merger between French broadcasters M6 and TF1 as EU regulators may adopt a less stringent stance on corporate consolidation. Rabe emphasized that merging M6 and TF1 would create a strong competitor against US streaming services, and Bouygues, TF1’s owner, agrees the merger has potential merit. With a shift in regulatory mindset in Brussels, Rabe is optimistic about revisiting the merger within the next two to three years, while M6 also attracts interest from other potential buyers.

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