Mediaset pivots to free as Premium becomes OTT

Mediaset is “transforming” rather than “shutting down” its Mediaset Premium pay TV business after making the offering an OTT-only service, according to chief financial officer Marco Giordani. Speaking on an earnings call after Mediaset posted reduced revenue and EBITDA but an improved net profit, Giordani said that Mediaset was reorienting the business to take account […]

Telecom Italia names new CFO

Telecom Italia (TIM) has named Giovanni Ronca as chief financial officer reporting directly to CEO Luigi Gubitosi. After a transition period Ronca will become CFO as of 17 June, replacing Piergiorgio Peluso. Peluso, as of that date, will report to Gubitosi, managing the Group’s strategic projects and extraordinary operations. Ronca was co-head of UniCredit commercial […]

Mediaset to pull Premium from DTT to become OTT-only offering

Mediaset is to pull its Premium offering from the country’s digital-terrestrial platform in June, according to local reports. The pay TV service will thereafter only be available via the new Infinity Premium streaming service, with the group’s Premium Online and Premium Play services also set to be closed down. Mediaset said that all Premium channels […]

Melita launches 1Gbps internet in Italy with Plume

Maltese cable operator Melita’s new Italian subsidiary has launched Diamond Fibra.  This internet-only product includes 1Gbps broadband delivered through Italy’s Open Fiber FTTH network and enabled by consumer-facing technology company Plume’s smart home services bundle, featuring its Adaptive WiFi, HomePass and AI Security products, for €39 per month. Diamond Fibra will initially be available to consumers in […]

Darroch: no single partner crucial as Sky looks to homegrown content

No single content partner is crucial to Sky’s continued success and continued investment in the pay TV operator’s homegrown content will be a key focus for the company going forward, according to CEO Jeremy Darroch. Darroch, answering a question on parent company Comcast’s Q1 earnings call on the impact of streaming, said: “I don’t feel […]

Mediaset denies ProSiebenSat.1 merger rumours, pulls sale of DTT unit

Mediaset and ProSiebenSat.1 have strongly denied press rumours that emerged last week that they are in talks about a possible merger. The Italian broadcaster issued a statement that “no negotiations are underway” with the German media group. ProSiebenSat.1 CEO Max Conze meanwhile told Reuters that he saw “no industrial logic” in such a combination. Conze […]

EC provides funding for Italian broadband rollout

The European Commission has allocated €573 million in funding to support the deployment of fast broadband in Italy. The EU funding, covering 60% of the project’s eligible costs, will help bring fast internet access to areas where it is currently not available.More than Italian 7,000 municipalities will be covered, totalling 12.5 million inhabitants and almost […]

Mediapro names new Italian chief

Spanish broadcaster and producer Mediapro has named Eugeni Sallent as head of its Italian operation. Sallent, who previously headed up Mediapro’s Televideo operation in Colombia, will lead the group’s Rome and Milan-based operation in Italy. Prior to joining Mediapro, he worked in senior roles at Catalunya Radio and TV3, and headed up the launch of […]

Vivendi abandons move to replace Telecom Italia board

Vivendi has abandoned attempts to replace Telecom Italia (TIM) board members nominated by arch-foe Elliott Advisors and has said it is “prepared to give credit” to CEO Luigi Gubitosi’s request for it to withdraw its motion. Vivendi did not provide details about what Gubitosi had promised. The meeting of TIM shareholders requested by Vivendi as […]

Sports streamer DAZN fined by Italy’s antitrust authorities

Italy’s antitrust regulator has fined fast-growing sports streamer DAZN €500,000 for two alleged breaches of the country’s consumer protection code. According to the regulator, the Perform Group-owned platform didn’t provide sufficient information to customers regarding its Serie A football offer for the 2018-19 season. In particular, the regulator said the company didn’t make any reference […]

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