Mediaset has effectively doubled its stake in German commercial broadcaster ProSiebenSat.1 since last year with a fresh acquisition of shares by its Spanish unit, fuelling speculation about its intentions and the possibility of a takeover bid. The Italian media company announced yesterday that Mediaset España, its Spanish unit with which it plans to merge under […]
Italian broadcaster Mediaset is preparing for an “uncertain” 2020 amid Italy’s Coronavirus outbreak, while also considering its stake in ProSiebenSat.1. The broadcaster said it could not make “reliable forecasts” about the duration or the effects of the Covid-19 “emergency” on management or results of the group, as it published its annual report. In lieu of […]
European media giants Vivendi and Mediaset failed to strike a deal on Friday that could have seen the French firm sell the stake in the Italian broadcaster that it holds indirectly through a trust arrangement. After more than a week of speculation that the pair were close to an agreement, Mediaset confirmed that “despite strenuous […]
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% […]
Mediaset has increased its stake in ProSiebenSat.1 as a part of its aspirations to create a pan-European media group. The Silvio Berlusconi-controlled company now holds a 15.1% stake in the German broadcaster, following the acquisition of a further 5.5% stake in the media group. The purchase, completed via Mediaset’s Spanish unit Mediaset Espana, was worth […]
Netflix has ordered a workplace comedy spun off from its popular animation Big Mouth and agreed a production deal with Mediaset in Italy. Human Resources will be set in the same world as Big Mouth, which explores puberty and follows a group of friends as they navigate their adolescence and sexuality. The new show, like […]
Web-based storytelling platform Wattpad has struck its latest partnership, this time agreeing a first-look deal with Italian broadcaster Mediaset. The arrangement will see Mediaset develop and coproduce TV shows from the community of writers on Wattpad, with the partnership marking the latter’s first Italian-language deal. Wattpad, which claims to have millions of users in Italy, […]
Mediaset is moving towards a sale of its pay-TV unit Mediaset Premium to Sky before the end of this year, according to CEO Pier Silvio Berlusconi, who has also said that the media group is working towards a broader pan-European alliance or combination. Speaking to Italian press at the launch of the new season of […]
Sky reported a 10% increase in earnings for the nine months to March 31, despite what CEO Jeremy Darroch (left) described as a “challenging consumer environment”. Announcing results for the first nine months of its financial year, Sky said that earnings before interest, taxation, depreciation and amortisation (EBITDA) came to £1.7 billion – up 10% […]
French pay TV operator Canal+ has named current CEO Maxime Saada as president of its directorate, replacing Jean-Christophe Thiery, who is in turn to replace Vivendi chairman Vincent Bolloré as chairman of the supervisory council. Bolloré took the reins at Canal+ after the departure of Bertrand Méheut in 2015, after Vivendi took full control of […]
