Latest news with #RodolpheBelmer
New York Times
an hour ago
- Business
- New York Times
Netflix Dips Its Toe Into Old-Fashioned TV
Netflix is getting into the old-fashioned TV business. The streaming giant announced a deal on Wednesday to show live and on-demand programming from one of France's television networks, TF1. The partnership, the first of its kind for Netflix, means that the company's subscribers in France will have access to TF1's broad array of programming, including game shows like 'The Voice,' as well as live sporting events and soap operas without leaving the service. 'By teaming up with France's leading broadcaster,' Greg Peters, a co-chief executive of Netflix, said in a statement, 'we will provide French consumers with even more reasons to come to Netflix every day and to stay with us for all their entertainment.' Mr. Peters flew to Cannes, France, this week for a large annual advertising festival to announce the partnership with Rodolphe Belmer, the chief executive of TF1. The programming is expected to start appearing on Netflix next summer. Netflix said back in 2022 that it had 10.1 million subscribers in France. It has not shared updated numbers since. The partnership could prove to be a model for Netflix for other markets around the world. The company has spent extensive time and money in recent years on building up its live entertainment capabilities. Last November, the company attracted 108 million viewers during the live Jake Paul vs. Mike Tyson fighting spectacle and a month later lured another 65 million to watch two N.F.L. games and a Beyoncé halftime show on Christmas Day. The company is also still increasing its advertising business, another revenue stream that is in its early stages. Netflix says 94 million subscribers are signed up to its cheaper tier, which has commercials. TF1 is one of the two largest private broadcasters in France. In 2021, the company tried to merge with its rival M6 Group as a way to combat the rising U.S. streaming companies. But it abandoned those efforts the following year because of antitrust concerns. TF1 currently reaches 58 million viewers with its broadcast channels and serves 35 million users on its streaming channel, TF1+. Yet, the company sees this new deal as a way to attract more viewers and increase its advertising revenue as a result. 'As viewing habits shift toward on-demand consumption and audience fragmentation increases, this unprecedented alliance will enable our premium content to reach unparalleled audiences and unlock new reach for advertisers within an ecosystem that perfectly complements our TF1+ platform,' Mr. Belmer said in a statement. TF1 and Netflix have worked together on a number of productions over the years, including 'Les Combattantes,' 'L'Agence' and 'Tout le bleu du ciel.'
Yahoo
5 hours ago
- Business
- Yahoo
Netflix and France's TF1 join forces as traditional TV struggles
Streaming giant Netflix and major French broadcaster TF1 have signed a deal to merge some of their services at a time when demand for traditional TV is slowing. Starting in Summer 2026, all Netflix members in France will be able to watch TF1 channels and on-demand content from TF1+ directly on Netflix. That includes dramas like Broceliande and soaps such as Demain nous appartient, as well as major live sports matches. These will soon be available alongside Netflix's own French-language offerings and its international series and films. 'This is a first-of-its-kind partnership that plays to our strengths of giving audiences the best entertainment alongside the best discovery experience,' said Greg Peters, co-CEO of Netflix, in a press release. Rodolphe Belmer, CEO of TF1 Group, added: "I am delighted about this new partnership with Netflix, with whom we have already established strong relationships through ambitious co-productions in recent months." TF1 and Netflix have already worked together on projects such as L'Agence and Tout le bleu du ciel. Related AI isn't a threat, says former Netflix HR chief Patty McCord Paddington producer hoping for tasty result with listing on LSE Belmer continued: "As viewing habits shift toward on-demand consumption and audience fragmentation increases, this unprecedented alliance will enable our premium content to reach unparalleled audiences and unlock new reach for advertisers within an ecosystem that perfectly complements our TF1+ platform." It's not yet clear whether Netflix paid an initial fee for the content, and the firms didn't disclose how they will manage subscription and advertising revenues. TF1 is a free-to-air channel in France, meaning it relies on advertising income, even for its streaming services. The TV network currently reaches 58 million monthly viewers through its broadcast channels and serves 35 million users on its TF1+ streaming service. Through Studio TF1, the company also manages over 50 production companies and labels across France and international markets. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Euronews
6 hours ago
- Business
- Euronews
Netflix and France's TF1 join forces as traditional TV struggles
Streaming giant Netflix and major French broadcaster TF1 have signed a deal to merge some of their services at a time when demand for traditional TV is slowing. Starting in Summer 2026, all Netflix members in France will be able to watch TF1 channels and on-demand content from TF1+ directly on Netflix. That includes dramas like Broceliande and soaps such as Demain nous appartient, as well as major live sports matches. These will soon be available alongside Netflix's own French-language offerings and its international series and films. 'This is a first-of-its-kind partnership that plays to our strengths of giving audiences the best entertainment alongside the best discovery experience,' said Greg Peters, co-CEO of Netflix, in a press release. Rodolphe Belmer, CEO of TF1 Group, added: "I am delighted about this new partnership with Netflix, with whom we have already established strong relationships through ambitious co-productions in recent months." TF1 and Netflix have already worked together on projects such as L'Agence and Tout le bleu du ciel. Belmer continued: "As viewing habits shift toward on-demand consumption and audience fragmentation increases, this unprecedented alliance will enable our premium content to reach unparalleled audiences and unlock new reach for advertisers within an ecosystem that perfectly complements our TF1+ platform." It's not yet clear whether Netflix paid an initial fee for the content, and the firms didn't disclose how they will manage subscription and advertising revenues. TF1 is a free-to-air channel in France, meaning it relies on advertising income, even for its streaming services. The TV network currently reaches 58 million monthly viewers through its broadcast channels and serves 35 million users on its TF1+ streaming service. Through Studio TF1, the company also manages over 50 production companies and labels across France and international markets. Airbus SE introduced a new dividend policy on Wednesday, increasing the amount it intends to pay to shareholders in the future. The firm increased its new dividend payout ratio limit from 40% to 50% of the share of profits, bringing the new payout range to 30%-50%. Airbus also hinted at the possibility of paying out a special dividend and introducing share buyback programmes. The planemaker and defence company also said that it would maintain its long-term cash conversion target, a measurement of the firm's efficiency in converting its profits into cash. 'Airbus will reaffirm its commitment to profitable growth and its cash conversion target of around 1 over a 5-year horizon,' the company said. Airbus' share price increased by 3% by around 11.00 CEST, following the announcement. The company's statement comes at a time of global trade uncertainty and supply chain disruptions. Airbus set a goal of handing over 820 aircraft this year. Ongoing supply chain issues slowed the deliveries in the first months of 2025, but Christian Scherer, CEO of the company's core planemaking business, said that Airbus remains "cautiously hopeful" about meeting its 2025 target. Meanwhile, Airbus' defence business is thriving. With the EU preparing a significant defence budget increase, the firm is expecting its military helicopter orders to grow by 50% between 2023 and 2025. Airbus is also developing a drone portfolio, aiming to become a market leader in this segment. Airbus started this week at the Paris Air Show, announcing new orders from Saudi Arabia and Poland. Airbus also recently signed a framework agreement with the French military for purchases of navy drones, and secured another deal with Singapore to deliver military helicopters.
Yahoo
6 hours ago
- Business
- Yahoo
Netflix to start streaming live TV for the first time
Netflix is to start broadcasting live TV for the first time as it continues to steal audiences from traditional channels. The company has unveiled a 'new kind of partnership' with French broadcaster TF1 that will allow subscribers in the country to watch live TV, including top dramas, soaps and major sports matches. The deal with France's largest commercial broadcaster underscores efforts by Netflix to keep subscribers on its platform and cement its position as the home of content. It could pave the way for similar tie-ups elsewhere, including Britain, as the industry grapples with a shift to online viewing. The BBC, ITV and Channel 4 are all struggling to retain audiences amid growing competition from rivals such as Netflix and Disney. While the streaming giants initially shunned live programming, they have gradually moved into the format by buying up the rights to major sporting and entertainment events, such as Netflix's $5bn WWE deal. However, Netflix's tie-up with TF1 marks the first time a streaming service has carried live channels in full. It marks a shift in approach from a legacy broadcaster too. Most have tried to compete, rather than partner, with streaming giants by building their own platforms. ITV, Channel 4 and Sky this week announced plans to combine their online advertising spots in an attempt to fight back in an increasingly competitive market. Greg Peters, co-chief executive of Netflix, said: 'This is a first-of-its-kind partnership that plays to our strengths of giving audiences the best entertainment alongside the best discovery experience. 'By teaming up with France's leading broadcaster we will provide French consumers with even more reasons to come to Netflix every day and to stay with us for all their entertainment.' For TF1, which is behind scripted dramas such as Brocéliande and Erica, as well as the French version of reality show The Voice, the deal signals efforts to collaborate with streaming rivals in a bid to win back viewers and generate more revenues. Netflix subscribers will have access to all five of TF1's free-to-air channels, as well as more than 30,000 hours of on-demand programming on its TF1+ streaming service. However, it also risks leaving the broadcaster, which reaches 58m monthly viewers on its broadcast channels, increasingly reliant on its streaming rival. Terms of the partnership, which will begin next summer, were not disclosed. Rodolphe Belmer, chief executive of TF1 Group, said: 'I am delighted about this new partnership with Netflix, with whom we have already established strong relationships through ambitious co-productions in recent months. 'As viewing habits shift toward on-demand consumption and audience fragmentation increases, this unprecedented alliance will enable our premium content to reach unparalleled audiences and unlock new reach for advertisers within an ecosystem that perfectly complements our TF1+ platform.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malay Mail
9 hours ago
- Business
- Malay Mail
Netflix signs first broadcaster deal with TF1, bringing French live TV and sports to subscribers in 2026
PARIS, June 18 — Netflix announced Wednesday a livestreaming and on-demand content agreement with French television group TF1, its first such deal with a major traditional broadcaster anywhere in the world. The service will launch in summer 2026, Netflix's co-chief-executive Greg Peters told AFP, while declining to name any of the financial or other details of the tie-up with TF1. Netflix subscribers in France will get access to TF1's five TV channels and content from the group's own TF1+ streaming platform –all 'without ever having to leave the Netflix environment' on their smart TV or other device, the US company said in a statement. On offer will be sporting events, soap operas and reality shows such as the 'Survivor'-style 'Koh-Lanta'. TF1 and Netflix have for years collaborated on productions like 2019's historical drama 'Le Bazar de la Charite' ('The Bonfire of Destiny'). But France's top private broadcaster – one of Europe's largest – has big ambitions for TF1+ to stand on its own two feet, making the more intimate tie-up with Netflix a surprise. The TF1 streaming platform aims to become the most popular free offering in France and the wider French-speaking world. 'TF1+ is and will remain at the centre of our strategy,' TF1 chief executive Rodolphe Belmer told AFP ahead of the announcement. Belmer insisted that the deal did not risk 'cannibalisation' of TF1+ and was 'truly complementary' in a media landscape of fragmenting audiences and growing on-demand viewing. He added that the TF1 group had done 'lots of analysis' and expected a 'significantly net positive' business effect. On Netflix's side, 'TF1 is very good with sports, with live areas that we don't operate in a large way right now', said Peters, who also praised the quality of the group's scripted programming. Netflix said in 2022 that it had topped 10 million subscribing households in France and has reported growth since then without naming concrete figures. — AFP
