TF1 Group Initiative to Promote Creativity in French Broadcasting Industry

PARIS: The TF1 Group has aligned with six leading broadcasting industry bodies to support the creation of French audiovisual content.

The industry bodies on board the initiative are SATEV (press agencies), SEDPA (distributors), SPECT (content developers), SPFA (animated films), SPI (independent producers) and USPA (TV production).

The TF1 group renewed its commitment to devote 12.5 percent of the net broadcasting advertising revenue over the next four years to original drama, documentaries, cartoons, live shows and music videos. The proportion of the TF1 group’s total spend invested in content from “dependent” producers has been raised to 36 percent, split into two areas: a tranche capped at 26 percent reserved for subsidiaries of the TF1 group and a further 10 percent tranche, representing “room for manoeuvre,” enabling TF1 to obtain broader rights (linear and non-linear) from production companies in which the TF1 group does not own an equity interest.

The proportion of the TF1 group’s total spend invested in content from independent producers is 64 percent. The agreement adjusts the duration of rights acquired from production companies in which the TF1 group does not own an equity interest, and optimizes the terms for the exploitation of non-linear rights.

The TF1 group also guarantees that 75 percent of its spend will be invested in original productions, and has made a commitment to bear a greater share of writing and development costs.