France's Molotov "looking for a buyer"

Orange reportedly considering a bid for the OTT service
Publish date:

Molotov is looking for a buyer, according to reports in France.

The OTT platform is said to be seeking new owners by the autumn, reports BFM Business.

The platform, which was created by French media veterans Jean David Blanc, Pierre Lescure and Jean-Marc Denoual, launched in July 2016.

Molotov enables users to access live TV and catch-up from any device. ‘Bookmarking’ – a combination of advance recording function, information and notifications – is available with search functionality possible by programme type, channel, or by director, presenter or actor.

Molotov TV currently has 5.5 million regular users. 

BFM suggests the company is being looked at by a number of telcos, with Orange said to be considering a bid.

Molotov has contacted TVBEurope and said the information quoted by the newspapers is "perfectly wrong."