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NRJ Group Faces Critical Broadcasting Authorization Appeal

NRJ Group Faces Critical Broadcasting Authorization Appeal

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

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NRJ Group is optimistic about the Council of State’s accelerated review of their appeal for the NRJ 12 broadcasting authorization, which is crucial for their Television division’s future beyond March 2025. The company warns that if their DTT frequency is not renewed, it could lead to the channel’s closure and adverse economic impacts, including a potential sale of Chérie 25.

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

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