On November 30, 2007, the President of the Republic Nicolas Sarkozy was presented with a report on the audiovisual sector outside France which recommended the creation of a holding company which would oversee the television channels TV5 Monde and France 24, and the radio RFI . This involves pooling the resources and coordinating the activities of French audiovisual companies broadcasting abroad . The administrators of TV5 Monde are worried about this Franco-French project for which they were not consulted. Tensions appear on the editorial autonomy of the channel, its identity and its financing. An agreement is finally reached after bitter discussions: the holding company will only manage the French participation in the chain up to 49% , . The Audiovisual holding outside France (future France Médias Monde) was created on April 4, 2008 .