Vivendi in fresh move to reverse Italian ruling on Mediaset stake

Vivendi has filed a fresh appeal with the Lazio regional administrative tribunal (TAR) in Italy to overturn regulator AGCOM’s ruling that its ownership stake in Mediaset is in breach of the country’s controversial TUSMAR law against holding simultaneous stakes in media and telecom companies. Mediaset issued a communication that it had received notice that Vivendi […]

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 […]

Vivendi blocked from voting in Mediaset AGM

The trust that holds the majority of Vivendi’s stock in Mediaset has been barred from voting in the Italian company’s annual shareholder meeting. Vivendi holds a 28.8% stake in the Berlusconi family led Mediaset, with two thirds of this held in a trust called Simon Fiduciaria. The French Vivendi was forced to shift the majority […]

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 […]

Mediaset in move to block free-to-air football initiative

Italy’s Mediaset has sent a warning to the country’s top-tier football league, Serie A, not to provide matches free-to-view when the season resumes on June 20. According to local reports,pay TV operator Sky has shown willingness to respond to a call by sport minister Vincenzo Spadafora to make some matches available free-to-air by showing them […]

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 […]

Italian court restores Sky Italia content restrictions

Three months after they were lifted, Italy’s top court has restored content restrictions on Sky Italia. In 2019, Italy’s competition watchdog imposed a three-year ban that stopped the pay TV operator from distributing exclusive content from Mediaset on its online platform. This was after the competition regulator gave a conditional green light to Sky’s agreement […]

Mediaset España launches international pay streaming service

Mediaset España has launched an international version of its Mitele Plus subscription streaming service. For €3 per month or €30 per year, viewers can sign up for international access to the Mitele Plus Basic package, including programmes from the group’s existing international channel CincoMas, which is transferring its linear content to an à-la-carte on-demand distribution […]

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 […]

KKR takes stake in ‘undervalued’ ProSiebenSat.1

Private equity outfit KKR has revealed that it has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1, causing the German firm’s shares to rise on the Frankfurt stock exchange. KKR told Reuters that it had decided to invest in the broadcaster because it believes that the market is undervaluing the company. It said that […]

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