An extraordinary general meeting of Mediaset España’s shareholders this week approved amendments to the articles of association of the planned holding company that will house Mediaset’s merged Italian and Spanish arms, further clearing the way for the implementation of the plan. However, a Spanish court hearing yesterday has maintained its suspension of the plan and […]
With the clock ticking ahead of a court hearing in Milan postponed from last week, Vivendi and Mediaset appear to be struggling to agree a price acceptable for the indirect stake in the Italian broadcaster held by Vivendi through Simon Fiduciaria that is acceptable to both. Mediaset CEO Pier Silvio Berlusconi had said at the […]
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 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 is facing shareholder opposition to its plans to merge with its Spanish offshoot and create a new pan-European holding company based in the Netherlands, with Vivendi and proxy advisory firm ISS indicating they will oppose the proposal. Mediaset shareholders are set to meet on September 4 to vote on the plan to create the […]
The Spanish free-to-air commercial TV business’s prospects seem increasingly bleak, according to analyses of the two leading groups in the market by investment bank Berenberg. Berenberg predicts that the overall Spanish advertising market will decline by 4% for the year even with a recovery in the second half. Berenberg analysts said that Atresmedia, owner of […]
Mediaset España’s OTT TV service Mitele Plus, which launches today, will include Spanish and international top-tier football. The subscription offering provides access to content already available via the broadaster’s free online servie Mitele but without advertising, with plans to introduce new exclusive content progressively. Mitele Plus is available for €2.50 a month or €25 for […]
Investment in series in Spain’s official languages by audiovisual service provider grew by 40% in 2017, according to regulator the CNMC. The watchdog reported that investment in content is Spanish and other European languages not official in Spain accounted for 77% of the country’s total investment in content. Reporting on the way broadcasters and service […]
Mediaset may move to consolidate its Spanish operation as the first step of a strategy to create a pan-European TV powerhouse, according to Italian financial daily Il Sole 24 Ore. According to the newspaper, the Italian broadcaster is mulling a plan to acquire the 48.4% of Mediaset España that it does not already own as […]
LOVEStv, the joint HbbTV-based platform created by Spanish broadcasters RTVE, Atresmedia and Mediaset España has launched officially. The service’s backers predict that LOVEStv will be installed in two million TV sets by the end of this year. The service currently provides access to seven-day catch-up from its partners, as well as the possibility to start […]
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