TF1 Confirms Talks with AB

PARIS: TF1 Group has confirmed that it is in talks to acquire selected assets from the AB Group, which operates a slate of thematic channels.

The discussions reportedly center around the DTT channels TMC and NT1, as the market-leading French free-to-air broadcaster seeks to boost its presence in the country’s rapidly developing digital terrestrial landscape. A TF1 statement confirmed talks with AB, but noted that no agreement has been reached yet. TF1 already owns 33.5 percent of AB Group.