TF1 Takes Stake in AB Group

PARIS, December 5: TF1 has acquired a 33.5-percent stake in
French channel operator and distribution outfit the AB Group for 230 million
euros.

Claude Berda who owns the remaining 66.5 percent interest,
will remain chairman of the company, which owns a library of more than 1,300
French-language shows and operates a range of thematic channels.