Bid to purify pubTV in France

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French President Nicolas Sarkozy proposed to drop commercials on public TV in the country. Instead, Prime Minister Francois Fillon said public TV would receive proceeds of a new tax on commercial broadcasters ad sales and possibly an “infinitesimal” tax on Internet access and mobile phones, Bloomberg reported. The comments sent the stock price up nearly 10 percent for the biggest commercial channel, TF1. Bloomberg pointed out that Martin Bouygues, CEO of the largest investor in TF1, is godfather to the French president’s son Louis.

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