The Commission has approved the state financing of a French language international television news network that hopes to challenge the likes of US-based CNN and Arabian Al-Jazeera.
‘Chaîne française d’information internationale’, which will be known under the name of CFII, will be available via satellite throughout Europe, Africa and Arabia. Its shareholders, the existing TV stations TF1 and France Télévision, estimate the annual budget to be 70 million euros. This figure may rise at a later date, when, according to plans, the stations will also broadcast English and Arabic-language programmes and cover an even wider area.
The stations hope to attract a wide audience and get the ‘French view’ of things to the world with a programme composed of news, live broadcasts and lots of analysis. The Commission cleared the state financing because it considers this service to be of general economic interest.