AgCom


Vivendi secures full voting rights in Mediaset

Vivendi secured another significant victory in its battle with Mediaset just before Christmas, with the news that the Lazio regional administrative tribunal (TAR) had ruled that it can exercise full voting rights in accordance with its stake in the Italian media group. The ruling means that Vivendi will be able to give voting instructions for […]

Italian watchdog AGCOM launches probes into Vivendi and Sky

AGCOM, the Italian communications watchdog, has opened an inquiry into Vivendi’s stakes in Mediaset and Telecom Italia (TIM). The investigation, which will last four months, is the fallout from a European Commission ruling which ruled against Italy’s 2017 media law which was deployed to curb Vivendi’s voting share in Mediaset. Following this ruling, the Italian […]

Vivendi contests finding that execs manipulated market as EC casts doubt on new media law

Italian authorities have accused Vivendi bosses Vincent Bolloré and Arnaud de Puyfontaine of market manipulation – allegations hotly denied by Vivendi – while the EU has cast doubt on the validity of an Italian media law that allowed its regulator to probe Vivendi’s assets in the country. The Milan public prosecutor’s office last week published […]

Mediaset takes MediaForEurope battle with Vivendi to regulator

Mediaset has taken its battle with shareholder Vivendi to Italian markets regulator CONSOB with a complaint that the French media giant was attempting to manipulate Mediaset’s share price downwards. Mediaset referred specifically to a report published by Bloomberg this week, citing unnamed sources, that indicated that Vivendi was prepared to vote against the Italian media […]

Telecom Italia chief welcomes regulator’s move on network separation

Telecom Italia CEO Amos Genish has welcomed a decision by communications regulator AGCOM to launch a public consultation on the telco’s plans for the separation of its network arm. Speaking on the sidelines of a meeting for the presentation of the company’s annual report, Genish said that he was nevertheless concerned about moves to push […]

Telecom Italia escapes fine over Vivendi control

Telecom Italia (TIM) has escaped being forced to pay a fine of €74.3 million for failing to communicate to the Italian state the fact that Vivendi had effective control of the operator. A Milan court suspended the fine and has said it will set out its reasons on July 4, according to a press report. […]

Vivendi-Mediaset dispute heading for court with no deal in sight

Vivendi and Mediaset now appear destined to face each other in court after the pair failed to come to an agreement to end their long-running dispute, according to Italian press reports. The first hearing of the case is set to take place next Tuesday. Mediaset and parent company Fininvest are claiming €3 billion in damages […]

Vivendi ‘close to agreement’ with AGCOM over Mediaset stake

Vivendi is close to finding an agreement with Italian regulator AGCOM over the fate of its shares in Mediaset, according to press reports. Vivendi, which currently holds a 28.8% stake in the broadcaster, has proposed transferring its holding above the 10% threshold mandated by AGCOM into a blind trust, according to Reuters, citing unnamed sources. […]

Vivendi agrees to put Mediaset shares in blind trust

Vivendi has agreed to transfer its stake in Mediaset above a threshold of 10% to a blind trust ahead of a likely sale of its shares later, according to Italian press. The move follows the ruling by media regulator AGCOM that Vivendi could not simultaneously hold major stakes in Mediaset and Telecom Italia, forcing the […]

Mediaset battle with Vivendi intensifies

Mediaset will continue to battle Vivendi in the courts and will do everything possible to return its Premium pay TV service to profitability, according to Fedele Confalonieri, the company’s chairman. Confalonieri told the Italian media group’s annual shareholders meeting that Mediaset had opened up a new front its legal war with the French group, accusing […]