Industry all-in on MediaForEurope says Mediaset chair

Fedele Confalonieri, the chairman of Italian broadcaster Mediaset, said that the company has received a lot of interest from potential investors and industry partners in its planned pan-European media group MediaForEurope. Last year,  Mediaset approved a merger of its Italian and Spanish units into a Dutch holding company called MediaForEurope with the aim of creating […]

Vivendi blocked from voting in Mediaset AGM

The trust that holds the majority of Vivendi’s stock in Mediaset has been barred from voting in the Italian company’s annual shareholder meeting. Vivendi holds a 28.8% stake in the Berlusconi family led Mediaset, with two thirds of this held in a trust called Simon Fiduciaria. The French Vivendi was forced to shift the majority […]

Italian court waves away Vivendi appeal of MediaForEurope plan

The ongoing drama between Vivendi and Mediaset has taken its latest turn, with an Italian court rejecting the former’s appeal against the latter’s MediaForEurope (MFE) plan. The French Vivendi (which holds a 28.8% stake in the Berlusconi family led Mediaset) has long opposed the media company’s plans to create a pan-European group that unifies its […]

Vivendi in fresh move to thwart Mediaset’s merger plan

Vivendi is involved in a fresh move to thwart Mediaset’s plans to merge its Italian and Spanish operations under the umbrella of a Dutch-registered holding company, MediaForEurope (MFE). Mediaset España informed markets regulator the CNMV that it had received a notice from the French media giant challenging the changes to the merger plan adopted at […]

Mediaset hit by coronavirus in Q1

Mediaset saw its revenues hit by the Italian and Spanish markets’ exposure to the coronavirus crisis in the quarter to March. The broadcaster posted sales of €682.1 million, down from €718.2 million for the same period last year. Revenues in Italy fell from €492.1 million to €452.4 million. Mediaset said that revenues in both markets […]

Bolloré and Vivendi help Lagardère see off activist investor

Arnaud Lagardère, the boss of the French media group of the same name, has seen off a threat to his leadership from activist investor Amber Capital after enlisting the help of Vivendi’s leading shareholder Vincent Bolloré. Fifteen resolutions tabled by Amber, which holds an 18% stake in Lagardère and 14% of the company’s voting rights, […]

Canal+ and BeIN Sports make peace with French football league

French pay TV operators Canal+ and BeIN Sports have struck a deal with the country’s professional football league (LFP) over payments for rights to matches from the Ligue 1 and Ligue 2 competitions that were played before the coronavirus lockdown. Canal+ and LFP thanked the four Ligue 1 club presidents who they said had participated […]

Vivendi takes 10.6% stake in Lagardère

Canal+ owner Vivendi has taken a 10.6% stake in troubled French media conglomerate Lagardère. The move, which follows Vivendi’s successful sale of a 10% stake in Universal Music Group to Tencent in a deal that valued the music unit at €30 billion, comes after a period when Lagardère has been under pressure from an activist […]

International growth cements solid quarter for Canal+

International subscriptions helped boost Canal+’s revenues in the first quarter, with the pay TV outfit posting a 1% increase in sales in constant currency terms to take its top line to €1.372 billion. While Canal+’s revenue lift was modest in constant currency, it helped parent company Vivendi turn in a solid quarter despite the early […]

Canal+ marks Disney+ launch with free-to-view Mandalorian

French pay TV operator Canal+ is to mark the launch of Disney+ in the country tomorrow by airing the first episode of The Mandalorian, the streamer’s first Star Wars Disney+ original, in the clear. The airing of the unencrypted show will be followed by a special programme, reserved for subscribers, that showcases content produced by […]

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