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NRJ Group Contests ARCOM’s Surprising Decision

NRJ Group Contests ARCOM’s Surprising Decision

NRJ Group (FR:NRG) has released an update.

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NRJ Group has expressed shock over ARCOM’s unexpected decision not to preselect NRJ 12 for TNT frequency reassessment, despite the channel’s recent profitability and audience growth. The company is considering legal recourse and warns that ARCOM’s decision could lead to a strategic reevaluation of its entire TV sector. NRJ Group has a strong presence in French private media, with multiple radio and TV channels, and digital offerings.

For further insights into FR:NRG stock, check out TipRanks’ Stock Analysis page.

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