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 […]
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 […]
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 […]
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 […]
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 (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 […]
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’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 […]
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 […]
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 […]
