The TF1 television group, now chaired and managed by Rodolphe Belmer, saw its net profit fall by 21.8% in 2022, to 176 million euros, despite a 3% increase in sales, he said. announced Tuesday in a press release.
Turnover amounted to 2.5 billion euros over the period, driven by the Newen production studios and the good performance of the French team at the World Cup at the end of the year.
Like its competitor M6, the TF1 group has also had to include in its accounts 46 million euros of charges related to the losses of the financial year and the forthcoming disappearance of the Salto streaming platform, owned equally by the two groups. private and France Télévisions.
The TF1 group's advertising revenue fell slightly (-1.5%) over the period, after the sale of the online media division Unify, but remained stable on a like-for-like basis.
Program costs were maintained at 987 million euros.
The audiovisual production group Newen generated 428 million euros in revenue.
After several years of acquisitions, Newen has now reached a "
critical size
", according to TF1.
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“
Newen Studios' activity benefited during 2022 from the delivery of prestigious productions such as +Liaison+ for Apple TV+ and +Marie-Antoinette+ for Canal+.
These orders placed with the platforms testify to the division's ability to produce quality content for new customers and historical partners
," TF1 said in its press release.
Finally, the general manager of TF1 Rodolphe Belmer, appointed after the failure of the merger with M6 in September, took over as chairman of the board of directors on Monday, as planned, replacing Gilles Pélisson.
