French streaming platform Salto – a joint venture between TF1, M6 and France Télévisions – could be sold off or shut down in the coming months, according to local media reports.
Broadcasting rivals TF1, M6 and France Télévisions launched the streamer in October 2020 with ambitions to create a French-style Netflix, but the platform has never really taken off with French viewers.
With subscriptions set at between $7 and $13, it never drew more than one million subscribers, with current numbers believed to be around 800,000, against Netflix’s 10 million subscribers in France as of this summer.Read more on deadline.com
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