French pay-tv Better late than never?

Merging French pay tv platforms TPS and Canal Plus Group makes all the sense in the world, right? France would only be joining Italy, Spain and the UK, where operators have been allowed to merge to compete with rival platforms. Sure, it may be about ten years too late – the rise of rival internet television providers could conceivably make satellite technology obsolete – but better late than never. The prize is potentially huge. Think of all the savings in terms of buying content and marketing ...