France Télévisions to take up AEF shares in TV5Monde
France Télévisions French PSB group will replace AEF as the main shareholder of TV5Monde in 2013, the French Ministry of Communication has announced.
Pascale Paoli-Lebailly | 29-11-2012
The group, which currently owns 12.58% of TV5Monde, is going to hold a 49% stake in the French language international channel.
In return, AEF, owner of France 24 and RFI, will own 12.6% of France Télévisions.
The stakes of the other French language partners Radio Canada and Tele Quebec, and the public broadcasters SSR in Switzerland and RTBF in Belgium, will remain unchanged.
AEF became TV5Monde's main shareholder in 2009. Its 49% shares were previously held by TF1 and France Télévisions.