TF1 Explores Sale of Production Arm Studio TF1 to Focus on Streaming

TF1 Group has hired Rothschild to run an early-stage sale process for Studio TF1, the production and distribution unit formerly known as Newen Studios, in a deal that could value it at roughly €400 million. CEO Rodolphe Belmer is repositioning the broadcaster around its streaming service TF1+ and aggregation partnerships such as its Netflix carriage deal.