MFE seeking to take ProSiebenSat.1 stake beyond 25%

MediaForEurope (MFE), formerly known as Mediaset, has sought the German competition watchdog’s permission to raise its stake in ProSiebenSat.1 beyond the 25% threshold that requires authorisation. MFE current holds a 23.9% stake in the German broadcaster, including 21% of the voting rights. The move comes ahead of ProSiebenSat.1’s AGM on May 5 and follows a […]

MediaForEurope beats expectations as Italian ad market rises

Mediaset/MediaForEurope (MFE) has published preliminary full-year results that highlighted stellar top and bottom-line growth on the back of a strengthening ad market. MFE recorded 11% growth in revenue to €2.9 billion and an adjusted operating profit of €476 million, up 52% for the full year. The company’s net profit rose by 169% to €374 million. […]

Mediaset launches new offering as ViacomCBS pulls DTT channels

Italian broadcaster Mediaset – now known as MediaForEurope – has launched a new free-to-air movies and series channel, Twenty Seven. The channel, which is now on air, is dedicated to films and international TV series, including US blockbusters aimed at a family audience. Mediaset acquired the channel slot – channel 27 on the digital-terrestrial network […]

Mediaset becomes MFE-MediaForEurope

Mediaset’s board have approved the company’s change of name to MFE-MediaForEurope NV along with the introduction of a dual-class share structure and authorisation for the issue of new shares. The change of name is effective immediately. “We are extremely satisfied with these two important steps: the creation of MFE-MediaForEurope N.V. in the Netherlands and the […]

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 […]