The legal representative in charge of its liquidation must specify “as soon as possible the timetable for stopping the platform and subscriptions”.
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Already the end clap. The French video program platform Salto is stopping, announced on Wednesday February 15 the groups France Télévisions, M6 and TF1, which owned it equally. The legal representative in charge of its liquidation must specify “shortly the schedule for stopping the platform and subscriptions”, according to the press release.
“A specific communication will be sent very soon to Salto subscribers to inform them of the consequences on their current subscription”, they continued. According to them, Salto “to date has nearly a million subscribers”.
This judgment is not a surprise: the future of the platform had been compromised for months and the abandonment at the end of September of the merger between TF1 and M6, to which France Télévisions had to resell its share to complete its budget. “This project stopped, the shareholders judged that the conditions were not met for the continuation of Salto in its current shareholding”underlined France Télévisions, M6 and TF1.