MediaForEurope sees brighter advertising prospects

MediaForEurope (MFE) expects an improvement in the advertising market in Italy in the last part of the year to help lift its results after it posted revenues slightly down and earnings slightly up for the first nine months of the year. The group, which encompasses Mediaset Italy and Spain along with a 26.28% stake in […]

Mediaset retains Coppa Italia rights for three years

MediaForEurope-owned Mediaset Italia has retained the rights to broadcast Italian football leagues Coppa Italia and Supercoppa Italiana for the next three years. The commercial broadcaster will exclusively air matches from the football competition through to 2027, on Mediaset networks and livestream on Mediaset Infinity and Mediaset’s offer was equal to approximately €56 million euros and […]

Rome court ups Vimeo fine after confirming Mediaset ruling

The Rome court of appeal, confirming an earlier ruling in a case brought by MediaForEurope/Mediaset against video-sharing site Vimeo for illicit redistribution of its programming, has upped the fine to be paid by the site to the claimant. The court, which had rejected Vimeo’s appeal against an earlier ruling, has now fined the group an […]

MFE sees first-half revenue and profit drop slightly

Mediaset-owner MediaForEurope’s (MFE) board has approved first-half financials that saw the group’s net revenue shrink slightly, pulled down by the general dip in the advertising market. However, the group was able to post a rise in operating profit after cutting costs by 2.2%. MFE has drawn the conclusion that Italy and Spain are probably better […]

Serie A clubs to mull improved offers for TV rights

Italy’s Serie A football league has received three improved offers for its latest tranche of TV rights, but no decision has yet been taken on which if any to accept. The three offers from DAZN, Mediaset and Sky will remain on the table until mid-October, but are unlikely to be changed further given the deadline […]

Berlusconi’s eldest children to take joint control of media empire

No single child of the late Silvio Berlusconi is to have a controlling interest in media holding company Fininvest under the terms of the former Italian prime minister and media tycoon’s will, with his son Pier Silvio and daughter Marina to jointly hold a majority stake. It has emerged today that Berlusconi’s two eldest children […]

Mediaset secures Americas Cup rights

MediaForEurope-owned Mediaset Italia has secured rights to broadcast the 37th edition of sailing event The Americas Cup next year. The Italian broadcaster will air the event free-to-view on its Italia Uno and Channel 20 channels. The event is expected to attract interest in Italy from the participation of Italian boat Luna Rossa. The start of […]

MFE lists in Spain as death of Berlusconi prompts rise in share price

MediaForEurope (MFE) has started trading its ordinary shares on the Barcelona, Bilbao, Madrid and Valencia stock exchanges in Spain. The move, which follows the consolidation and delisting of Mediaset España as a separate company, is described by MFE as the last step of a broader process aimed at strategically and operationally integrating MFE and Mediaset […]

Silvio Berlusconi dies aged 86

Silvio Berlusconi, the Italian media magnate who created Mediaset and served as the country’s prime minister in four governments, has died aged 86. Italy’s Corriere della Sera was first to report the death of the mogul who dominated Italian media and politics for much of the last three decades. The paper said he died in […]

MFE sees revenues dip but EBIT rises

MediaForEurope (MFE) saw revenues slide modestly in the first quarter as inflationary cost pressures dampened the ad market, but was able to improve its EBIT and net profit through cost savings. MFE posted revenues of €646.6 million for the quarter, down for €654.3 million for the prior year period. EBIT rose from €15.3 million to […]

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