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 […]

Marvista sees double

MarVista has just hit double figures – and figures miniseries, kids, features and TV movies will drive growth in its second decade, says CEO Fernando Szew. In its first ten years, MarVista has carved out a reputation for delivering TV movies and latterly live action kids content. The next phase will see it move into […]

Spain’s drama producers look to go global

Spain’s crisis has forced TV producers to seek international business. Local fiction continues to dominate Spanish primetime, but the dramatic fall in investment in TV advertising has obliged broadcasters to cut their budgets for originals. Creating virtue out of necessity, an increasing number of drama producers are looking beyond Spanish border and beginning to reap […]

Rai loses legal battle with Sky Italia

Italian public broadcaster RAI has lost its appeal against a court ruling that it should stop encrypting its services on satellite. RAI had encrypted a number of programmes including newscasts and the Italian national football team’s matches on Sky Italia’s platform. The country’s highest court, the Council of State, has now upheld a 2012 ruling […]

Mediaset angrily denies allegations of wrongdoing

Mediaset has issued a strongly worded statement stating that it had always acted fully within the law, in relation to its conduct around TV rights acquisitions. This was in response to the damming verdict of the Italian Supreme Court in rejecting an appeal against the conviction of former Italian prime minister Silvio Berlusconi. Mediaset reacted […]