MediaForEurope


Vivendi and Mediaset fail to strike deal

Vivendi and Mediaset failed to strike an deal on Friday following over a week of speculation that the pair were close to an agreement that would have seen Vivendi sell the stake in the Italian broadcaster that it holds indirectly through a trust arrangement. Mediaset said that “despite strenuous efforts”, attempts at a reconciliation between […]

Vivendi and Mediaset ‘closing in on agreement’

Vivendi and Mediaset are reported to be closing in on an agreement that could see the French media giant sell part of its stake in Mediaset, though uncertainty remains over whether a deal will be struck.  Reuters reported yesterday that the two sides were close to a deal that would see Vivendi sell the 19.19% […]

Vivendi open to selling indirect Mediaset stake to find compromise

Vivendi is willing to selling the 19.19% stake held in Mediaset through Simon Fiduciaria, operating as a blind trust, as a ‘goodwill gesture’ to open the way to an agreement with Mediaset.  Confirming a story from Bloomberg, sources familiar with the situation told Digital TV Europe that they believe Vivendi is open to selling the […]

Vivendi reportedly ready to reduce Mediaset stake

Vivendi could reduce its stake in Mediaset, according to sources close to the matter. As reported by Reuters, three sources have said that Vivendi is ready to slightly withdraw from the Berlusconi-controlled Italian media company in order to end the pair’s ongoing legal row. Vivendi, which currently holds a 29% stake in Mediaset, is opposed […]

Vivendi brings focus to legal battle with Mediaset

Following its Spanish court victory at the end of last week, Vivendi this week followed up by withdrawing the complaint it filed against Mediaset in the Netherlands and concentrate on its other legal moves against the Italian broadcaster. The Spanish ruling effectively put Mediaset’s plans to create a new Dutch-based holding company on ice. Vivendi, […]

Vivendi secures Spanish court victory in battle with Mediaset

Vivendi has secured a victory in its battle to stop Mediaset’s plan to create a new Europe-wide holding company merging the Italian broadcaster with Mediaset España, with a Spanish court making a preliminary ruling suspending the process. The commercial court in Madrid has suspended the decisions taken at the Mediaset España extraordinary shareholders’ meeting on […]

Mediaset completes withdrawal rights count

Mediaset has completed the count of shareholders intending to exercise withdrawal rights ahead of its planned merger with Mediaset España and creating of a new Dutch-registered holding company, MediaForEurope (MFE). Mediset said that withdrawal rights had been exercised for 492,691 shares, or 0.0417% of the total outstanding sharehs in the omcpany, meanting that the shares […]

Mediaset sees revenues slide and profits rise, marks progress on MFE

Mediaset has posted increased profits on reduced revenues in the first half, with the top line hit by the loss of pay TV revenues from Mediaset Premium and lower advertising sales in both Italy and Spain. Costs were also down due to the absence of the 2018 World Cup and the loss of football rights […]

Berenberg: Mediaset investors likely to stick around for MFE deal

Mediaset shareholders are likely to accept conversion of their shares into stakes in the new MediaForEurope (MFE) organisation that will combine Mediaset and Mediaset Espana, even if they chose to retain an option to exercise withdrawal rights that would enable them to cash out before completion, according to analysts at Berenberg. Berenberg’s analysts, who have […]

Mediaset secures green light from shareholders for Europe plan

Mediaset has secured a green light from shareholders for its creation of a new holding company, MediaForEurope, and its merger with Mediaset España.  Seventy-eight per cent of shareholders present approved the proposal, with 21% opposing. The majority easily surpassed the two thirds required for approval of the deal. The merger was strongly opposed by Mediaset […]