Mediaset revives MediaForEurope plans, extends olive branch to Vivendi

Mediaset is reviving its plans to launch a pan-European media group and move its headquarters to the Netherlands.  The Italian company has said that it would ask shareholders to approve the plans which were previously shelved due to opposition from its second-largest investor Vivendi.  The group, previously dubbed MediaForEurope, was envisioned to provide the continent […]

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 […]

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 […]

ProSiebenSat.1 ‘not in discussion’ with Mediaset or CMI

ProSiebenSat.1 is not involved in any discussions with shareholders Mediaset or Czech Media Invest (CMI) over strategy or any possible combination of businesses, according to CEO Rainer Beaujean, answering an analyst question after the German broadcaster posted a 25% drop in revenues for Q2. Beaujean said that there were “no further discussions currently about strategy […]

Mediaset suffers major setback as Vivendi secures MFE legal victory

Mediaset’s plans to combine its Italian and Spanish arms under a new Dutch-registered holding company have suffered a serious blow with a ruling from a Spanish court that the merger cannot go ahead. The Spanish judge considering the case upheld the suspension of the merger, confirming an earlier court ruling from October that led to […]

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 […]

Industry all-in on MediaForEurope says Mediaset chair

Fedele Confalonieri, the chairman of Italian broadcaster Mediaset, said that the company has received a lot of interest from potential investors and industry partners in its planned pan-European media group MediaForEurope. Last year,  Mediaset approved a merger of its Italian and Spanish units into a Dutch holding company called MediaForEurope with the aim of creating […]

Italian court waves away Vivendi appeal of MediaForEurope plan

The ongoing drama between Vivendi and Mediaset has taken its latest turn, with an Italian court rejecting the former’s appeal against the latter’s MediaForEurope (MFE) plan. The French Vivendi (which holds a 28.8% stake in the Berlusconi family led Mediaset) has long opposed the media company’s plans to create a pan-European group that unifies its […]

Vivendi in fresh move to thwart Mediaset’s merger plan

Vivendi is involved in a fresh move to thwart Mediaset’s plans to merge its Italian and Spanish operations under the umbrella of a Dutch-registered holding company, MediaForEurope (MFE). Mediaset España informed markets regulator the CNMV that it had received a notice from the French media giant challenging the changes to the merger plan adopted at […]

Mediaset hit by coronavirus in Q1

Mediaset saw its revenues hit by the Italian and Spanish markets’ exposure to the coronavirus crisis in the quarter to March. The broadcaster posted sales of €682.1 million, down from €718.2 million for the same period last year. Revenues in Italy fell from €492.1 million to €452.4 million. Mediaset said that revenues in both markets […]

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