Major Euro nets pact for MCN investments
France’s TF1 Group and Italy’s Mediaset have bought into ProSiebenSat.1’s Studio71, with the German media group taking a stake in TF1’s Finder Studios, as Europe’s multichannel network market consolidates. In what’s being described as a strategic digital media alliance, TF1 and Mediaset will take stakes of 6.1% and 5.5% respectively in Germany- and US-based MCN […]
