Mediaset has made a “friendly” acquisition of a 9.6% stake in German commercial broadcaster ProSiebenSat.1 in what is seen by many observers as the first major step in a wider realignment of European broadcasters. Mediaset CEO Pier Silvio Berlusconi, commenting on the move, made it clear that the acquisition was strategic, in line with his […]
Italian broadcaster Mediaset’s board has confirmed Fedele Confalonieri as chairman for the next three years, and Pier Silvio Berlusconi as vice-president and CEO. The Mediaset board was elected on Wednesday by the company’s annual shareholders meeting. The company’s executive committee comprises Confalonieri, Berlusconi, Marco Giordani, Gina Nieri, Niccolo ‘Querci and Stefano Sala. The 15-strong board […]
Mediaset chief executive Pier Silvio Berlusconi has blamed the collapse of the Italian broadcaster’s pay TV deal with Vivendi for its record €294.5 million loss last year. Speaking to journalists in Italy, Berlusconi said that if Vivendi had honoured its side of the deal to take control of Mediaset Premium, the company would have broken […]
An Italian court has sentenced Mediaset CEO Pier Silvio Berlusconi and chairman Fedele Confalonieri each to one year and two months in prison for tax fraud after overturning an earlier court decision that saw the pair acquitted on the same charges. The Milan Court of Appeal acquitted US producer and Berlusconi associate Frank Agrama and […]
Italian broadcaster Mediaset has upped vice-president Pier Silvio Berlusconi to the role of CEO, replacing Guiliano Adreani, who remains president of advertising arm Publitalia. Berlusconi, the son of disgraced former prime minister and Mediaset founder Silvio, also retains his role as vice-president of the company. Adreani will continue to act as an adviser to Berlusconi, […]
An Italian court has acquitted Mediaset executives Pier Silvio Berlusconi and Fedele Confalonieri of charges in their trial for alleged tax fraud related to the activities of the company’s Mediatrade international sales unit. The Mediatrade affair dates back to 2005 and concerns allegations that the company acquired rights to international content at inflated prices in […]
Italian prosecutors in the Mediatrade case – which has already seen the conviction of former prime minister and Mediaset owner Silvio Berlusconi for tax fraud relating to the acquisition by of content rights at inflated prices – have called for the court to take into account the aggravating factor of ‘transnationality’, based on alleged fraud […]
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