Telefónica takes Mediaset stake

Mediaset has agreed to sell an 11.11% stake in its Italian pay TV unit to Telefónica. This is part of a wider agreement that will also see the Italian media giant sell its 22% in Spanish pay TV operator Canal+ to the Spanish telecom leader. Telefónica has agreed to invest €100 million (US$136 million) in […]

Mediaset signs up for Rising Star

Mediaset’s Canale 5 channel will air an Italian version of Keshet International format Rising Star. Keshet had already announced that an Italian version of Rising Star had been agreed, amid a flurry of deals for the interactive singing competition format at last year’s MIPCOM. However the broadcaster was not known and has now been revealed […]

Mediaset set to offload Canal+ stake

Mediaset executive vice-president Piersilvio Berlusconi has given the strongest indication yet that his group will sell its 22% stake in Spain’s Canal+ to Telefónica ahead of Friday’s deadline, possibly as part of a wider strategic agreement with the Spanish telco. Speaking to journalists at a presentation of the group’s autumn schedules, Berlusconi said that, while […]

Telefónica moves for Mediaset’s Canal+ stake

Telefónica has offered €295 million (US$400 million) to acquire Mediaset’s 22% stake in Spanish pay TV operator Canal+. The move to take full control of Digital+ follows Telefónica’s announcement of its agreement for the acquisition of Spanish media group Prisa’s 56% stake in the operator, formerly known as Digital+, for €750 million at the beginning […]

Telefónica seals €750m deal for Canal+ Spain

Prisa and Telefónica have definitively agreed the sale of Prisa’s 56% stake in pay TV platform Canal+’s holding company to the Spanish telecom giant for €750 million. The agreement follows Prisa’s acceptance in principal of Telefónica’s offer to buy the majority stake in the platform on May 7. The deal will give Teleféonica, which already […]

Mediaset hits out at valuation of pay TV unit

Italy’s Mediaset has criticised banks for undervaluing its Premium pay TV service amidst moves to strike a pay TV alliance with international partners. Mediaset said that any assessment of the profits or losses made by the Premium unit were entirely speculative, as it did not break down the income of the unit in its results, […]

Heaney’s TCB Rights adds Italy, Germany reps

Paul Heaney’s distributor TCB Rights has added sales agents for Italy and Germany. Veteran Mediaset factual specialist Daniela Bagliani has been named TCB’s Italian rep, while ex-BBC Worldwide sales exec Claudia Zell perform the same duties in German-speaking territories. TCB, which former Cineflix Rights chief Heaney launched at the end of 2012, has doubled its […]

News brief: Portugal’s RTP in for Armoza primetime format

Portuguese broadcaster RTP has commissioned a local version of Armoza Formats’ primetime show I Can Do That!. RTP has produced the series in association with Endemol Portugal and the remake will launch this Saturday under the title of Desafio Total. TV presenter Sílvia Alberto and comic Marco Horacio will host the series, in which celebrities […]

Mediaset cries foul in tax fraud case

Italy’s Mediaset has said it is ‘shocked’ at the latest developments in the investigation into alleged wrongdoing relating to the acquisition of content. Italian prosecutors in the Mediatrade case – which has already seen the conviction of former prime minister and Mediaset owner Silvio Berlusconi for tax fraud relating to the acquisition of content at […]

Mediaset explores Euro consolidation plan

European pay TV giant Mediaset has begun exploring how if it is able to consolidate and develop its operations in Italy and Spain into a single entity. The boards of Mediaset in Italy and Telecinco owner Mediaset España have given permission for an evaluation into a consolidation plan. They are looking at launching a new […]