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M6 launches € 100 million savings plan

2020-04-28T16:23:36.618Z


Nicolas de Tavernost demands that advertising be reserved, during the crisis, for private groups.


The crisis that TVs and radios have to face is of rare violence. The M6 ​​group, which opens the ball of the publication of the results, makes no secret of it. "As for the whole market, the advertising revenues of M6 TV channels fell by 50%, from April 15, and a little more for RTL stations" , explains Nicolas de Tavernost, president of Group M6 Management Board.

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As of April 15, the group got into battle order and decided on a savings plan in order to absorb 50% of the revenue cuts planned for the whole year. "We have launched a plan to save 100 million euros in program costs on all of the group's free channels , " says Nicolas de Tavernost. The effort is titanic since it represents around 20% of the total grid cost of 500 million euros. The postponement of Euro 2020 alone will avoid spending 25 million. This program savings plan will be complemented by another

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Source: lefigaro

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