Vivendi

Canal+ becoming ‘aggregator of apps’, international subs now in majority

Canal+ is “evolving from an aggregator of content to an aggregator of apps” through distribution deals with the likes of Netflix that will establish the pay TV operator as “as the best gateway to the content most desired by French customers”, according to Vivendi CEO Arnaud de Puyfontaine. De Puyfontaine, speaking to analysts after Vivendi […]

Mediaset España shareholders approve MFE but court maintains suspension of plan

An extraordinary general meeting of Mediaset España’s shareholders this week approved amendments to the articles of association of the planned holding company that will house Mediaset’s merged Italian and Spanish arms, further clearing the way for the implementation of the plan. However, a Spanish court hearing yesterday has maintained its suspension of the plan and […]

Vivendi to appeal as Italian court rejects bid to stop Mediaset merger

Vivendi has vowed to appeal a court ruling in Milan that rejected its request to suspend the creation of Mediaset’s new combined pan-European holding company – MediaForEurope – to house the merged Italian and Spanish arms of the company. The French media giant criticised the court ruling, arguing that it had limited itself to evaluating […]

Italian court hearing pushed back as Vivendi acts on exclusion of Simon Fiduciaria from EGM

The Milan court considering Vivendi’s case against Mediaset over the latter’s plans to create a new pan-European holding company housing its merged Italian and Spanish arms has pushed back its hearing to February 1 after the French media giant took further legal action to have the resolutions voted for at Mediaset’s recent EGM suspended. Vivendi […]

Vivendi seeks injunction from Dutch court to block Mediaset merger

In the latest twist in its ongoing conflict with Mediaset, Vivendi has asked a Dutch court for an injunction, Mediaset has said.  In a release, the Berlusconi-controlled company said that Vivendi has turned to the court in an attempt to block the merger between its Italian and Spanish units into a Dutch company called MediaForEurope. […]

Vivendi and Mediaset trade accusations in wake of controversial EGM

Vivendi has accused Mediaset of an “unlawful refusal” to allow a key shareholder to vote in a crucial EGM on Friday and has said the Mediaset board has placed the company in “a situation of serious legal uncertainty” after ignoring an opinion on the case from the EU Court of Justice’s advocate general. The shareholders […]

Mediaset bars Simon Fiduciaria from EGM after court rules against Vivendi

Mediaset has barred Simon Fiduciaria, holder of a 19.19% stake in the company, from attending a crucial EGM today after the Lazio regional administrative court (TAR) rejected an appeal by Vivendi to overturn Italian regulator AGCOM’s ruling preventing it from exercising voting rights held in trust through the outfit. Mediaset said that its board and […]

Vivendi in legal move to unblock voting rights ahead of Mediaset EGM

Vivendi has asked an Italian regional administrative court (TAR) to unblock voting rights on the two thirds of its stake in Mediaset held by a trust ahead of Mediaset’s crucial shareholders’ EGM on Friday. The French media outfit last week asked the TAR to suspend a ruling by regulator AGCOM that prevents it from exercising […]

Tencent to take 10% stake in Vivendi’s music arm, with more likely

French media giant Vivendi has signed its deal with a consortium led by China’s Tencent giving the latter a 10% stake in Vivendi’s most successful operating unit, Universal Music Group (UMG). The deal, which gives UMG a total enterprise value of €30 billion, also gives the consortium an option to acquire an additional stake of […]

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