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Court of Auditors Warns France Télévisions Faces Solvency Risk by 2026, Demands Rapid Overhaul

Without restoring equity by year-end 2026, the broadcaster could be dissolved under commercial law.

Overview

  • The audit details about €81 million in cumulative net losses since 2017, a fall in equity from €294 million to €179 million, and a 2025 budget shortfall of €40 million.
  • Magistrates blame rising payroll and operating costs, a rigid 2013 collective agreement, and generous benefits, and call for swift renegotiation and cost controls.
  • France Télévisions says it accepts all recommendations and has begun implementing them, while the Court presses the State to set a realistic financing path.
  • Political pressure is mounting, with RN figures renewing calls to privatize public broadcasting and to replace Delphine Ernotte.
  • In the broader budget fight, Medef announced an “enormous meeting” against tax increases but employers are divided and unions have called a new nationwide mobilisation for 2 October after talks with Prime Minister Sébastien Lecornu.