Four years ago, Alain Weill sold his media group NextRadioTV (BFMTV, RMC, etc.) to the owner of Altice, Patrick Drahi. Today, the entrepreneur, who has become CEO of Altice France, announces a transformation plan and a refocusing on information.
LE FIGARO. - How is NextRadioTV going through the crisis?
Alain WEILL. - This crisis is violent. NextRadioTV, like all audiovisual companies, is running at full speed, but without revenue. Our turnover dropped in April. The decline will remain very substantial in May. And we have no visibility over the duration of the crisis. These cyclical difficulties are compounded by structural problems. Since last year, before the coronavirus, we observed a very strong slowdown in advertising revenues. A significant risk of decline hangs over the television and radio sector due to a transfer of budgets to digital.
What steps do you plan to take?
We are going to launch a plan of
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