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M6: Liberum welcomes agreement with Altice-SFR

(CercleFinance.com) - Liberum maintains its "hold" recommendation on the M6 stock, along with its target price of 20.
5 euros, after M6's announcement of a global distribution agreement with the telecom operator Altice-SFR.

This new agreement, which is similar to that concluded between TF1 and Altice-SFR last November, concerns the recovery of live signals from all M6 channels - both free-to-air and thematic - as well as the 6play service.

This is the first (of five potential) agreements, which should have a particularly positive impact for margins, as it represents a margin of almost 100%, the broker pointed out.

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