Mediaset denies reports of letter from Vivendi, but it is open to talks of alliance

Italian broadcaster Mediaset has denied reports that it received a letter from France’s Vivendi calling for a truce between the pair. The companies have been sparring over Mediaset’s long-held plans to create a pan-European media group – dubbed MediaForEurope (MFE) – with Vivendi opposing the move as a power grab. Vivendi, which owns 29% of […]

Canal+ Polska announces plan to float

Polish pay-TV provider Canal+ Polska has announced its intention to float on the Warsaw Stock Exchange. The company intends to apply for listing and admission of its ordinary shares on the main market after filing a prospectus for the flotation with the Polish Financial Supervision Authority back in July. Canal+ Polska initially announced that it […]

Canal+ grows revenue and subs but hit by currency movements

Vivendi-owned pay TV operator Canal+ recorded strong revenue growth from its international operations in the third quarter, but the gains were largely stripped out by currency movements. The pay TV outfit saw its Q3 revenues grow by 7.3% year-on-year for the quarter to €1.38 billion, but the increase in constant currency terms was only 0.9%. […]

Vivendi and Mediaset move towards talks following ECJ ruling

Vivendi CEO Arnaud de Puyfontaine and Mediaset opposite number Pier Silvio Berlusconi are expected to resume contact imminently after Vivendi secured the overturning of an Italian media law that prevented it from exercising its full voting rights as a shareholder in the Italian group, according to press reports. According to Reuters, citing unnamed sources, an […]

TIM chief pours cold water on potential Mediaset stake in fibre network

Telecom Italia (TIM) CEO Luigi Gubitosi has dampened expectations that Mediaset might take a stake in the new Italian single fibre network operator announced last week. Speaking at the Ambrosetti Forum even in Cernobbio, Gubitosi said that expressions of interest from third parties would be “evaluated” but that the advantages of a content company participating […]

Vivendi secures new Dutch court victory in battle with Mediaset

Vivendi has hammered another nail in the coffin of Mediaset’s plan to merge its Italian and Spanish arms under a Dutch-registered holding company by winning an appeal in the Netherlands that resulted in a further suspension the project in that jurisdiction. The Dutch court ruling comes after Mediaset was forced to abandon its current merger […]

Dailymotion to launch on Xiaomi’s Mi Video app

Vivendi-owned video sharing site Dailymotion has struck an agreement with Chinese smartphone giant Xiaomi whereby the latter’s video app Mi Video will distribute Dailymotion content. Mi Video users will have access to Dailymotion’s premium video catalogue, allowing them to view music, news, sport and entertainment content from the French company. Dailymotion said that the partnership […]

Mediaset rejects Vivendi overture with demand for compensation

Mediaset has rejected Vivendi’s latest overture to initiate peace talks following the Italian broadcaster’s abandonment of the current iteration of its plan for a cross-border merger after it suffered a legal defeat in Spain. Mediaset said that Vivendi had offered a mutual termination of pending legal cases brought by the pair against each other, but […]

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