Serie A bidders reportedly in talks with broadcasters

A number of private equity groups seeking to invest in Italy’s Serie A are reportedly discussing media rights with a range of prospective broadcast partners. The league’s clubs are currently in the process of reviewing a one joint offer from Bain and NB Renaissance, another from a consortium led by CVC Capital and a third […]

Telecom Italia names new head of procurement

Telecom Italia (TIM) has named Nicola Grassi as head of procurement. Grassi, who will report to CEO Luigi Gubitosi, will be responsible for group-level oversight of vendor assessment and management of procurement processes, monitoring markets for the purchase of products and services, and ensuring overall optimisation of requirements, operating and financial results. Grassi comes to […]

TIM announces Disney+ distribution deal

Telecom Italia Mobile (TIM) has announced a multi-year deal with Disney that will see Disney+ exclusively carried by its TIMVision platform in the country. The operator confirmed that the upcoming streamer will be exclusively distributed by TIMVision and that the SVOD will be offered in a bundle with its fibre broadband package. Disney+ launches in […]

Hedge fund calls for ejection of Vivendi from Telecom Italia board

US activist investor Elliott Management has formally submitted a request to Telecom Italia (TIM) to include a proposal to remove Vivendi-nominated members from the telco’s board when TIM shareholders meet on April 24. Elliott has called for six directors – TIM chairman Arnaud de Puyfontaine, Hervé Philippe, Frédéric Crépin, Giuseppe Recchi, Félicité Herzog and Anna […]

Vivendi-Mediaset rapprochement expected ‘within days’

Vivendi could strike a deal in the next few days to end its legal dispute with Mediaset and forge a new content partnership involving Telecom Italia, according to press reports. According to Agefi-Dow Jones, citing an unnamed source, a three-way agreement involving Mediaset, Telecom Italia and either Vivendi or Canal+ is on the cards. A […]

Canal+ and Telecom Italia launch joint venture

Canal+ has created its planned joint venture with Telecom Italia (TIM), focusing on the acquisition and production of movies and series that will enable Telecom Italia to develop a compelling pay TV offering for the Italian market. In addition to movies and series, the JV will also be tasked with acquiring sports rights. TIM will […]

Mediaset and Vivendi reportedly taking steps to a possible deal

Lawyers for Italy’s Mediaset and France’s Vivendi are holding talks to find a solution to the bitter ongoing legal dispute between the pair, according to Reuters. According to the news agency, citing an unnamed Italian source, the pair’s representatives are holding talks, but striking an agreement could be difficult. Italian financial daily Il Sole 24 […]

TIM holds firm as government mulls implementing Golden Power

Telecom Italia (TIM) has reiterated its view that it was not obliged to notify the Italian authorities that Vivendi had a controlling interest in the group, following a ruling by the government’s Golden Power committee last week that should have made such a notification. TIM issued a statement saying that it had never resolved or […]

Telecom Italia names Genish as CEO and approves Canal+ JV

Telecom Italia (TIM) has confirmed the widely anticipated appointment of Amos Genish as its new CEO and its board has approved the creation of a joint venture with Canal+ to create a new premium video service and content creation unit for the Italian market. According to TIM, the JV with Canal+ will focus on productions […]

Italian government reportedly kicks off move to fine Telecom Italia

Italian authorities have kicked off the process that could end with Telecom Italia (TIM) incurring a fine for failing to notify the government that France’s Vivendi had taken de facto control of the company, according to a press report. According to Reuters, citing an unnamed government source, a government panel met yesterday to conclude its […]

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