Thomson is France's largest national conglomerate and the fourth largest consumer electronics manufacturer in the world. Thomson is one of the world's four largest consumer electronics manufacturers. There are four main business directions: content and network, consumer products, parts and components, and patent licenses. The Group distributes its products under the brands Technicolor, Grass Valley, THOMSON and RCA. On December 1, 2009, Thomson said that the company has been allowed to enter the bankruptcy protection process and will negotiate debt restructuring plans with creditors by February next year.