Vivendi


Vivendi and Mediaset fail to strike deal

Vivendi and Mediaset failed to strike an deal on Friday following over a week of speculation that the pair were close to an agreement that would have seen Vivendi sell the stake in the Italian broadcaster that it holds indirectly through a trust arrangement. Mediaset said that “despite strenuous efforts”, attempts at a reconciliation between […]

Vivendi and Mediaset ‘closing in on agreement’

Vivendi and Mediaset are reported to be closing in on an agreement that could see the French media giant sell part of its stake in Mediaset, though uncertainty remains over whether a deal will be struck.  Reuters reported yesterday that the two sides were close to a deal that would see Vivendi sell the 19.19% […]

Vivendi and Mediaset struggling to find common ground ahead of postponed court hearing

With the clock ticking ahead of a court hearing in Milan postponed from last week, Vivendi and Mediaset appear to be struggling to agree a price acceptable for the indirect stake in the Italian broadcaster held by Vivendi through Simon Fiduciaria that is acceptable to both.  Mediaset CEO Pier Silvio Berlusconi had said at the […]

Vivendi and Mediaset gain another week, EGM set for January 10

The Milan court considering Vivendi’s case against Mediaset’s plan to merge its Italian and Spanish operations has adjourned a hearing due to be held at the end of last week until next Friday, giving the parties an additional week to come to some kind of agreement.   Mediaset’s board has meanwhile called for an EGM […]

Vivendi open to selling indirect Mediaset stake to find compromise

Vivendi is willing to selling the 19.19% stake held in Mediaset through Simon Fiduciaria, operating as a blind trust, as a ‘goodwill gesture’ to open the way to an agreement with Mediaset.  Confirming a story from Bloomberg, sources familiar with the situation told Digital TV Europe that they believe Vivendi is open to selling the […]

Time running out for Mediaset and Vivendi with no deal in sight

Mediaset and Vivendi are struggling to come to a deal over their long-standing legal battle. According to four Reuters sources, the companies have so far failed to reach any agreements that would allow them to drop a number of pending lawsuits with a deadline looming.  The companies are due in court on November 22, following […]

Vivendi reportedly ready to reduce Mediaset stake

Vivendi could reduce its stake in Mediaset, according to sources close to the matter. As reported by Reuters, three sources have said that Vivendi is ready to slightly withdraw from the Berlusconi-controlled Italian media company in order to end the pair’s ongoing legal row. Vivendi, which currently holds a 29% stake in Mediaset, is opposed […]

Mediaset increases ProSiebenSat.1 stake, but doesn’t plan takeover

Mediaset has increased its stake in ProSiebenSat.1 as a part of its aspirations to create a pan-European media group. Announced on Monday, the Berlusconi-controlled Mediaset now holds 15.1% of the German broadcaster, following the acquisition of a further 5.5% stake in the company. The purchase was done through Mediaset’s Spanish unit, Mediaset Espana.  The purchase […]

Mediaset seeking conciliation with Vivendi to secure MFE agreement

The Court of Milan has postponed a hearing on Vivendi’s dispute with Mediaset over the latter’s plans to create a Netherlands-based pan-European broadcast organisation combining its Spanish and Italian arms as the pair enter into talks to find a solution. Mediaset said that the court had postponed the next hearing to November 22 to allow […]

Canal+ reportedly in talks to become exclusive distributor of Disney+ in France

French pay TV operator Canal+ is reportedly in advanced negotiations with Disney to become the exclusive distributor in France of the new Disney+ streaming service. According to digital news service La Lettre A, Disney+ will not be available in France until spring next year at the earliest the news site reports that the terms under […]

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