PARIS (Reuters) - France’s public TV broadcaster is joining forces with private rivals TF1 and M6 to launch a video-on-demand platform in a bid to compete with the likes of U.S. online video giant Netflix.
“This joint platform aims to spread French and European creation more actively,” the French groups said in a statement.
The three groups will each own a third of the platform, called Salto. They did not disclose a date for the launch.
Reporting by Michel Rose; Editing by Brian Love