TF1 Forms Alliance with Discovery

PARIS: The TF1 Group and Discovery Communications are in exclusive negotiations to form a strategic alliance with the aim to create value for both companies across a number of complementary business lines.

This would include driving the growth of Eurosport as well as enhancing both companies’ pay-TV offerings in France. The two are also working toward developing a mutually beneficial content-production relationship. Discovery would be making investments in some of these businesses.