‘Survivor’ Deaths Blur TF1 Stock View as French Blockbuster Hit
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The death of a French “Survivor” contestant and the suicide of the reality show’s doctor have taken down the shares of Societe Television Francaise 1 10 percent. Investors say the decline may be far from over.
The fallout from the cancellation of one of the most-watched shows on the Paris-based company’s main channel, TF1, is compounding a decline in advertising revenue, investors say. TF1 announced the cancellation of the upcoming season of “Koh-Lanta,” the French version of “Survivor,” on March 22 after Gerald Babin, 25, died of a heart attack during the first day of filming in Cambodia. On April 1, the show’s doctor Thierry Costa, 38, committed suicide, producer Adventure Line said.