on NRJ GROUP (EPA:NRG)
NRJ Group contests ARCOM's decision on the NRJ 12 frequency
Paris, July 24, 2024 – NRJ Group expressed its incomprehension regarding the recent decision of ARCOM which did not preselect the application of NRJ 12 for the reallocation of its DTT frequency.
NRJ 12, a pioneer of DTT, has established itself in the French audiovisual landscape. The channel has seen its audiences increase significantly among 25-49 year olds and the FRDA target of under 50 over the last three years. It is the second youngest TNT channel outside of the youth channels and reached profitability in 2023.
NRJ Group plans to examine possible remedies. If the decision of non-preselection is confirmed during the allocation of frequencies, the group intends to take the necessary legal measures.
The social, strategic and economic impacts of this decision could push NRJ Group to review all of its television activities based on the results of these appeals.
R. H.
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