{"id":497380,"date":"2022-09-30T19:51:34","date_gmt":"2022-09-30T16:51:34","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/watch-germanys-bertelsmann-is-on-a-tight-timeline-to-sell-m6-group\/"},"modified":"2022-09-30T19:51:34","modified_gmt":"2022-09-30T16:51:34","slug":"watch-germanys-bertelsmann-is-on-a-tight-timeline-to-sell-m6-group","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/watch-germanys-bertelsmann-is-on-a-tight-timeline-to-sell-m6-group\/","title":{"rendered":"Watch Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a25706420763\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a25706420763\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/watch-germanys-bertelsmann-is-on-a-tight-timeline-to-sell-m6-group\/#%E2%80%9CWatch_Online_Germanys_Bertelsmann_Is_On_a_Tight_Timeline_to_Sell_M6_Group%E2%80%9D\" >&#8220;Watch Online Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/watch-germanys-bertelsmann-is-on-a-tight-timeline-to-sell-m6-group\/#%E2%80%9CGermanys_Bertelsmann_Is_On_a_Tight_Timeline_to_Sell_M6_Group%E2%80%9D\" >&#8220;Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWatch_Online_Germanys_Bertelsmann_Is_On_a_Tight_Timeline_to_Sell_M6_Group%E2%80%9D\"><\/span>&#8220;Watch Online Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9CGermanys_Bertelsmann_Is_On_a_Tight_Timeline_to_Sell_M6_Group%E2%80%9D\"><\/span>&#8220;Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    German <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> group Bertelsmann is expected to weigh in over the weekend on the offers it received for RTL Group\u2019s 48.3% stake in M6 Group, France\u2019s second largest commercial TV group.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    Bertelsmann put M6 Group back on the market a little over a week ago, after its planned merger with Bouygues-owned TF1 Group was abandoned due to a number of competition concerns raised by France\u2019s anti-trust board. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    Bertelsmann\u2019s chief executive Thomas Rabe asked to receive non-binding offers by Sept. 23 to test the market and received offers from three major bidders, according to Le Point. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    These include a vehicle comprising Xavier Niel, the French billionaire behind the telecom group Iliad who co-founded Mediawan, and former Italian Prime Minister Silvio Berlusconi\u2019s MFE-MadeForEurope; as well as a consortium including St\u00e9phane Courbit, chairman of TV powerhouse Banijay, Rodolphe Saad\u00e9, the French shipping billionaire, and Marc Ladreit de Lacharri\u00e8re, chairman of the investment vehicle Fimalac; and lastly Czech businessman Daniel Kretinsky, who is a shareholder in Le Monde, the French <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>paper, and recently lent \u20ac14 billion to Liberation, another newspaper. The group led by Courbit has offered an all-cash \u20ac20 ($20) per share for M6, valuing RTL Group\u2019s 48.3% stake in the French banner at \u20ac1.22 billion, according to several sources. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    But the amount of the bid isn\u2019t the only factor that Rabe is considering as he studies each offer.  Besides looking for someone who has the right profile, pedigree and background to take the reins of M6 Group \u2014 one of France\u2019s most profitable TV outfits \u2014 Rabe will undoubtedly look closely at potential competition challenges and the overall complexity presented by each bidder. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    Kretinsky, a Czech billionaire behind the largest\u00a0energy group in Central Europe, currently presents the least competition risk, as he isn\u2019t tied to a TV conglomerate like Niel (with Mediawan) or Courbit (with Banijay, whose shareholder is Vivendi). <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    The German group is on a tight timeline to complete the sale. As <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2faae647-bee7-42d6-856b-4a414f0b06df\">The Financial Times<\/a> pointed out in a recent report, M6 Group\u2019s 10-year license expires in May and \u201cany renewal would lock in its main shareholder, preventing a sale until at least 2028.\u201d That means Bertelsmann would not be able, in theory, to sell its stake in M6 Group until 2028 if it hasn\u2019t completed a deal by next spring. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    The president of France\u2019s anti-trust board, Beno\u00eet C\u0153ur\u00e9, spoke about the sale prospects for M6 Group two days ago, on Sept. 27, at the National Assembly, and suggested that Bertelsmann will need to notify the board of exclusive negotiations with a prospective buyer before the end of October, according to the news agency AFP. \u00a0He also said that the operation will likely require examination by the anti-trust board of the European Commission, which could cause additional delays that may not be feasible within this timeframe. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n    Addressing the timeline, Rabe told The Financial Times that\u2009\u201dRTL Group has no pressure to sell M6\u2033 and \u201care patient and can wait.\u201d Some industry insiders are suggesting that Bertelsmann might not even go ahead with the sale after all, particularly if it becomes too complicated to achieve before May. There also remains a question mark over the succession of M6 Group\u2019s long-time CEO and chairman Nicolas de Tavernost (who is expected to step down in three years), as well as the future of Salto, the streaming service jointly launched by TF1, M6 and France Televisions in 2020. <\/p>\n<\/p><\/div>\n<p><script type=\"text\/plain\" class=\"optanon-category-C0004\">\n  !function(f, b, e, v, n, t, s) {\n    if (f.fbq) return;\n    n = f.fbq = function() {\n      n.callMethod ?\n          n.callMethod.apply(n, arguments) : n.queue.push(arguments);\n    };\n    if (!f._fbq) f._fbq = n;\n    n.push = n;\n    n.loaded = !0;\n    n.version = '2.0';\n    n.queue = [];\n    t = b.createElement(e);\n    t.async = !0;\n    t.src = v;\n    s = b.getElementsByTagName(e)[0];\n    s.parentNode.insertBefore(t, s);\n  }(window, document, 'script',\n      'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n  fbq('init', '586935388485447');\n  fbq('init', '315552255725686');\n  fbq('track', 'PageView');\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/watch-movies-tv-series\/\" target=\"_blank\" rel=\"noopener\">Watch Movies &#038; TV Series <\/a><\/span>category<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/variety.com\/2022\/tv\/news\/bertelsmann-m6-stephane-courbit-xavier-niel-daniel-kretinsky-1235389294\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Watch Online Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221; &#8220;Germany&#8217;s Bertelsmann Is On a Tight Timeline to Sell M6 Group;&#8221; German media group Bertelsmann is expected to weigh in over the weekend on the offers it received for RTL Group\u2019s 48.3% stake in M6 Group, France\u2019s second largest commercial TV group&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":497381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/variety.com\/wp-content\/uploads\/2020\/03\/thomas-rabe-bertelsmann2017-2.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-497380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-watch-movies-tv-seriess"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/497380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=497380"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/497380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/497381"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=497380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=497380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=497380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}