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 […]
Vivendi has opened a new front in its war with Mediaset by filing a complaint against the Italian media group with regulator CONSOB over Mediaset’s communication of the ruling of the Court of Milan in relation to the voting rights of Simon Fiducaria, the trust in which Vivendi has deposited the majority of its Mediaset […]
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 […]
Vivendi, Telecom Italia and Mediaset are circling a possible agreement that would give the Italian broadcaster a stake in a revamped version of the joint venture between Canal+ and Mediaset, according to Italian reports. According to financial daily Il Sole 24 Ore, Vivendi is mulling a change in the ownership of its JV between its […]
Telecom Italia (TIM) has confirmed the widely anticipated appointment of Amos Genish as its new CEO and its board has approved the creation of a joint venture with Canal+ to create a new premium video service and content creation unit for the Italian market. According to TIM, the JV with Canal+ will focus on productions […]
Italian authorities have kicked off the process that could end with Telecom Italia (TIM) incurring a fine for failing to notify the government that France’s Vivendi had taken de facto control of the company, according to a press report. According to Reuters, citing an unnamed government source, a government panel met yesterday to conclude its […]
The Italian government is edging closer towards activating its ‘golden power’ to intervene in industries judged to be of strategic importance after Italian markets regulator CONSOB last week ruled that Vivendi did, after all, exercise effective control over Telecom Italia (TIM). CONSOB ruled last week that Vivendi, which holds a 23.94% stake in TIM, “exercises […]
Vivendi has told Italian markets regulator CONSOB that it does not “control” Telecom Italia (TIM). The watchdog had asked the French company to clarify its degree of control over the telco. In a letter delivered to the Italian watchdog via the French Autorité des Marchés Financiers, Vivendi said that “its participation in the telco is […]
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 […]
Virgin Media O2 strikes pact with @dazngroup for PPV boxing, app set-top access #TopStoriesofTheWeek… twitter.com/i/web/status/1…
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