Overview

• France Télévisions’ 2025 budget shows a roughly €40 million deficit, with the Cour des comptes warning of severe cash erosion and sharply reduced equity.
• The auditors cite the 2013 collective agreement as a central driver of unsustainable payroll dynamics, urging a rapid renegotiation to restore flexibility.
• Operational inefficiencies flagged include nearly €4 million spent on taxis in 2024 and about fifty company cars granted to executives.
• Delphine Ernotte says the group accepts all recommendations and has begun implementation, having already moved to terminate the 2013 agreement ahead of new talks with unions.
• The report notes strong audience and digital performance, yet it lands as the sector faces proposed 2026 funding cuts and mounting political pressure, including calls for privatization.