Media: billionaire Daniel Kretinsky takes a stake in TF1
Daniel Kretinsky, in 2020 in Paris.
AFP - JOEL SAGET
Text by: RFI Follow
1 min
New acquisition for Czech billionaire Daniel Kretinsky, Tuesday, September 14.
It takes a 5% stake in TF1, the leading private television group in France.
A drop of water for some, but it shows the appetite of the billionaire, unknown three years ago in France, and yet more and more present.
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It is the good health of the French economy which would have motivated this choice.
In any case, this is how
Daniel Kretinsky
justifies this entry into the capital of TF1.
For now 5%, but it could quickly increase its participation.
The Czech billionaire seems to have absolute confidence in the merger of the TF1 and M6 groups.
What consolidate the resistance against GAFAM (Google, Apple, Facebook, Amazon, Microsoft), he says, especially on advertising.
Last spring, Daniel Kretinsky was also a candidate for the acquisition of M6, but without success.
The 46-year-old businessman is no
longer a stranger
in the French media world.
He first made his fortune in
coal-fired power stations
in the Czech Republic.
In 2018, he decided to invest in France.
First in mass distribution with Casino, then in the media as a
shareholder of the newspaper
Le Monde
and of several magazines such as
Elle
or
Marianne
.
Little by little, Daniel Kretinsky, at the head of a fortune of 3 billion euros, is advancing his pawns on the chessboard of the French media.
Small holdings in general, likely to become much larger.
Observers in the media sphere have no doubts.
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