Italy


Telecom Italia names Rai and TivùSat exec as public affairs chief

Telecom Italia (TIM) has appointed Alessandro Picardi, chairman of digital satellite platform TivùSat and director of strategic development for platforms at public broadcaster Rai, as its new chief of public affairs, reporting to CEO Luigi Gubitosi. Picardi replaces Francesco Russo, who is leaving the company. Prior to his current role at Rai, Picardi was Director […]

Vivendi condemns Elliott ‘time-wasting’ as shareholder meeting set for March

Vivendi has condemned what it describes as “time-wasting tactics” employed by Telecom Italia (TIM) board members backed by hedge fund Elliott Advisors who have successfully resisted its call for an immediate shareholders meeting, with the meeting now scheduled to take place on March 29. Vivendi  said that it notified the board on December 11 of […]

Mediaset channels return to Sky Italia

Italian broadcaster Mediaset’s channels have returned to pay TV operator Sky Italia’s platform after an absence of three and a half years following last year’s wide-ranging agreement between the pair to collaborate in pay TV. Mediaset’s free-to-air networks Canale 5, Italia 1 and Rete 4 and thematic channels Canale 20, La5, Mediaset Extra, Italia Due, […]

Vivendi in move to reverse Elliott control of Telecom Italia

Vivendi has taken a step towards forcing a resolution of its battle with hedge fund Elliott Advisors for control of Telecom Italia (TIM) by calling for a shareholders’ meeting to appoint new financial auditors and replace five board members from Elliott’s slate of 10 that the French media giant says were involved in decisions that […]

Telecom Italia integrates Amazon Prime Video

Telecom Italia (TIM) has struck an agreement with Amazon to launch the Amazon Prime Video subscription video-on-demand service on the TIMVision set-top box. The addition of Amazon Prime Video to the TIMVision offering will bring Prime originals and other content to TIMVision customers that have subscripted to Amazon Prime, including The Marvelous Mrs. Maisel, Tom […]

Mediaset agrees sale of digital-terrestrial operations unit

Mediaset has agreed the sale of 100% of R2, the company that controls the technical platform for its pay TV service Mediaset Premium, to Sky. The sale of the platform allows Mediaset to retain control of its premium channel offering, and Mediaset will also continue to manage Mediaset Premium’s customer base. The sale of the […]

Telecom Italia names new CEO

Telecom Italia (TIM) has named Alitalia president and former Wind CEO Luigi Gubitosi as its new CEO, replacing Amos Genish, who was ousted in a boardroom coup last week. Following his appointment, Gubitosi will sit as a non-independent executive director and will no longer sit on the company’s control and risk committee. Gubitosi joined the […]

Telecom Italia raises threat of legal action against Vivendi

The war between French media giant Vivendi and activist hedge fund Elliott Advisors to determine the future direction of Telecom Italia (TIM) has resumed in earnest following the forced departure of CEO Amos Genish this week. TIM has now issued a statement warning Vivendi against making “further false and misleading announcements whose only effect is […]

Mediaset hit by softening ad market

Italian broadcaster Mediaset saw its revenues for the first nine months fall significantly as the soft advertising market and the group’s loss of football rights in Italy took their toll. However Mediaset posted better than expected operating profits, boosted by lower costs thanks to lower expenditure on rights. Mediaset posted revenues of €2.434 billion for […]

Telecom Italia CEO Genish ousted in latest twist in battle for control

Telecom Italia’s (TIM) board has ousted CEO Amos Genish at a meeting called early this morning, despite assurances issued earlier that no such meeting was planned. TIM said that the board had met and “deliberated by a majority vote to revoke with immediate effect all powers conferred to Director Amos Genish” with his powers to […]

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