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An update from NRJ Group ( (FR:NRG) ) is now available.
NRJ GROUP and its channel NRJ 12 face a setback as the Conseil d’Etat rejects their appeal against ARCOM’s decision to remove NRJ 12 from the TNT platform. This decision adversely impacts NRJ GROUP’s television division, prompting a board meeting to discuss further actions and financial implications. Despite this challenge, NRJ GROUP is determined to contest the decision at a European level and seek compensation for the damages incurred.
More about NRJ Group
NRJ GROUP is a prominent private media group in France, known for its role as a publisher, producer, and broadcaster. It holds a strong position in the private radio and audio market with four significant brands: NRJ, CHERIE FM, NOSTALGIE, and RIRE & CHANSONS. Besides audio, it operates two free national TV channels and one pay music channel, and has expanded into digital media with live streams, podcasts, and themed digital radios. Internationally, NRJ GROUP is active in 16 countries, primarily through its renowned radio brands NRJ/ENERGY and NOSTALGIE.
YTD Price Performance: 1.44%
Average Trading Volume: 174
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €541.6M
See more data about NRG stock on TipRanks’ Stock Analysis page.
