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 […]

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 […]

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 […]

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 […]

MFE raises stake in struggling ProSiebenSat.1 again

MediaForEurope (MF) has further upped its stake in German broadcaster ProSiebenSat.1. MFE has purchased additional shares in the German broadcast group to round up its stake of combined held and secured shares to 28.87% of the share capital or 29.7% of current voting rights, excluding treasury shares. MFE now holds 26.58% of the share capital […]

MediaForEurope to complete Spanish merger on May 3

MediaForEurope (MFE) expects to complete its merger with Mediaset España, bringing the Italian and Spanish media groups together under a single-unified ownership, on May 3. MFE said that fulfilment of all the conditions precedent and pre-merger formalities to which the Merger is subject would be completed today, with execution of the merger deed by MFE […]

MFE and Meta join forces to fight piracy

MediaForEurope’s Italian broadcaster arm Reti Televisive Italiane (RTI) has forged an antipiracy partnership with Meta to fight online piracy. RTI/Mediaset and Facebook-owner Meta will collaborate on implementing tools to protect RTI’s copyrighted content, including live broadcasts. Meta will also provide RTI/Mediaset staff with dedicated training and support to use tools suh as Meta’s Rights Manager […]

Mediaset España shareholders approve absorption into MFE

Mediaset España’s shareholders today approved the company’s absorption by MediaForEurope (MFE), the Dutch-based holding company that owns Mediaset in Italy and the company’s stake in the Spanish broadcaster. The move marks the start of a decisive phase in the Berlusconi family’s long-held ambition to create a pan-European broadcast organisation, with the disappearance of Mediaset España […]

MFE to merge Mediaset Italian and Spanish operations

MediaForEurope (MFE), the Netherlands-based holding company formerly known as Mediaset, is to go ahead with the merger of its Italian and Spanish operations. Following last year’s tender offer for Mediaset España shares, which resulted in MFE securing about 83% of the Spanish broadcaster’s stock, MFE said it would go ahead with its plan to combine […]

MFE ups ProSiebenSat.1 stake close to mandatory buyout threshold

MediaForEurope (MFE), the Dutch-based holding group of Italy’s Mediaset and its stake in Mediaset España, has upped its stake in German broadcaster ProSiebenSat.1 by a further 4%, taking its total to 29%, with 29.9% of the voting rights. The move means that MFE’s stake in ProSiebenSat.1 is now just below the 30% threshold that would […]

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