One of Europe’s leading commercial television networks, TF1 Group, unveiled stable financial results for the first half of 2025 with €1.1 billion ($1.2 billion) in consolidated revenue, on par with last year.
The biggest source of growth for TF1 Group during the first half of the year came from digital advertising revenues, which were up 41.4% to €92 million ($106 million), bolstered by its AVOD service TF1+. That helped the overall advertising turnover of the company reach €782 million ($903 million), only down 2.5% on 2024.
In unveiling its results, the company, which includes six TV channels and an on-demand service TF1+, said it maintained its outlook for 2025 in spite of a “more challenging advertising market than expected, and with visibility remaining very limited.”
TF1 Group, however, saw its net profit fall from €96 million ($110 million) to €78 million ($90 million), a drop of 18%, during the first six months of 2025. The company blamed the drop in net profit on the exceptional surtax on corporate income introduced by the French government this year for very large companies whose annual turnover in at least €1 billion.
The group’s chief financial officer Pierre-Alain Gérard told AFP that surtax is “expected to weigh between €20 million ($23.1 million) and €25 million ($28.9 million) on the full year 2025” and pointed that the group’s profit would have been unchanged without it.
TF1 Group’s president Rodolphe Belmer also argued U.S. President Donald Trump’s aggressive trade policy and tariffs threats caused uncertainties that “weighed on advertisers’ investments.”
While linear audiences are declining everywhere, TF1 Group kept its ratings leadership in France during the first half of 2025 with a 33.7% market share. Its flagship channel TF1 garnered a 20.3% market share — up 9.2 points compared with commercial network M6 Group. Its highest rated series stands as “HPI,” the French procedural series starring Audrey Fleurot, which has been remade by ABC as “High Potential,” and lured up to 7.8 million viewers. While TF1’s on-demand service is gaining traction, the bulk of TF1 Group’s audiences (79%) is still on linear.
The group’s film production and distribution division, Studio TF1, is also a source of growth. Its revenues were up 6% to €128 million ($147 million) during the first half of 2025. The division is behind some high profile French shows recently launched, notably “Tout pour la Lumiere,” Netflix’s first French daily soap.
TF1’s share value rose by 4,81 % to €8.5 ($9.8) at the Paris stock exchange after unveiling its financial results on Tuesday.
TF1 Group recently made waves with a first-of-its-kind deal with Netflix, which will see the latter carry TF1’s five free-to-air channels and on-demand content starting in the summer of 2026. The TF1-Netflix alliance marks the first time a leading commercial channel opts to be carried on a global streamer.