BFM Paris to Shut Down in Early 2025 Due to Financial Losses

The local news channel, launched in 2016, faces closure as management cites persistent deficits and plans to reassign staff within the group.

BFM Paris, a local news channel, is set to close by the first half of 2025 following years of financial struggles, including projected deficits of €1.9 million for next year.
The decision was announced during a Committee for Economic and Social Affairs meeting, five months after the media group was acquired by CMA CGM, led by billionaire Rodolphe Saadé.
The closure will affect 27 journalists and five advertising staff, with plans to reassign employees to other channels in the group or offer severance through a clause of cession.
Management emphasized that the closure is not a directive from the new owner but rather a response to the channel's inability to achieve financial stability since its inception.
Other regional BFM channels are not currently affected, and the group maintains its commitment to local news coverage despite ongoing challenges.