Mediaset benefits from Italian ad recovery

Mediaset has benefited from a strong recovery in the Italian advertising market in the third quarter, with the broadcaster’s ad sales in the country bouncing back with 4.7% growth. Overall, Mediaset posted revenues for the first nine months of the year of €1.723 billion, down from €2.03 billion last year. Revenues in Italy were down […]

Italy set for video growth in 2021 following COVID decline

Despite being ravaged by the COVID-19 pandemic, Italy’s video entertainment market is set for ‘vigorous growth’ in 2021. According to a new report from Futuresource Consulting, Italy will recover from a difficult 2020 in which the video entertainment sector will decline to €3.5 billion. However, an upsurge in SVOD subscriptions will see a return to […]

Vivendi and Mediaset move towards talks following ECJ ruling

Vivendi CEO Arnaud de Puyfontaine and Mediaset opposite number Pier Silvio Berlusconi are expected to resume contact imminently after Vivendi secured the overturning of an Italian media law that prevented it from exercising its full voting rights as a shareholder in the Italian group, according to press reports. According to Reuters, citing unnamed sources, an […]

TIM chief pours cold water on potential Mediaset stake in fibre network

Telecom Italia (TIM) CEO Luigi Gubitosi has dampened expectations that Mediaset might take a stake in the new Italian single fibre network operator announced last week. Speaking at the Ambrosetti Forum even in Cernobbio, Gubitosi said that expressions of interest from third parties would be “evaluated” but that the advantages of a content company participating […]

Free records strongest fixed-line growth in seven years

French service provider Free appears to have weathered the COVID-19 storm well, becoming the leading recruiter of new fixed-network subscribers for the first time in seven years in its second quarter numbers. The operator added 65,000 fixed broadband customers, taking its total to 6.572 million. Free said that its success in fixed had subsequently been […]

Vivendi secures new Dutch court victory in battle with Mediaset

Vivendi has hammered another nail in the coffin of Mediaset’s plan to merge its Italian and Spanish arms under a Dutch-registered holding company by winning an appeal in the Netherlands that resulted in a further suspension the project in that jurisdiction. The Dutch court ruling comes after Mediaset was forced to abandon its current merger […]

Telecom Italia agrees to create single national fibre infrastructure

Telecom Italia’s (TIM) board has approved an agreement with private equity outfit KKR Infrastructure and Swisscom-owned service provider Fastweb and a letter of intent with CDP Equity to create a single combined fibre network in Italy. As part of a complex weave of transactions, TIM, KKR Infrastructure and Fastweb will create a new company into […]

Vivendi in fresh overture to Mediaset

Vivendi has contacted Mediaset senior management with a request to set up a meeting to find a path to a potential agreement that would settle outstanding disputes between the warring pair, according to press reports. According to Reuters, citing unnamed sources, Mediaset’s board will probably examine the request in the coming days. The latest overture […]

Mediaset edges towards Vivendi talks as merger hits roadblock

Mediaset has abandoned its existing plan to merge its Italian and Spanish arms under a Dutch-registered holding company – MediaForEurope – after suffering a legal defeat in its battle with Vivendi in Spain, but has said it is willing to engage with the French media company – albeit while rejecting the latter’s initial approach in […]

Mediaset’s merger decision pushed back to September by Dutch court

The Dutch court hearing Vivendi’s appeal against an earlier judgement that rejected the French media group’s call for a suspension of Mediaset’s plans to create a merged European media entity based in the Netherlands has pushed back its final ruling until September 1. The court move further frustrates Mediaset’s ambition of closing the merger of […]

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