June 15, 2018 / 6:57 AM / 5 months ago

Public and private French TV channels to launch Netflix rival

FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California, U.S., on October 14, 2014. REUTERS/Mike Blake/File Photo

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below