Vivendi


Ampere: media giants’ debts are manageable

Debt levels at media giants such as Netflix and Sky are less significant than those of the doomed internet companies of the dot com bubble, according to a new study. The high levels of debt being incurred by the likes of Amazon, Altice and Verizon as well as significant regional players such as Sky, ITV […]

Vivendi keeps its cool as police raid Paris offices

Vivendi has maintained that it will find a way out of its current impasse with Mediaset after police raided its Paris offices yesterday following a request by Italy. French police accompanied by representatives of Italy’s financial police, the Guardia di Finanza, searched Vivendi’s HQ in Paris for evidence pertaining to the Milan-based investigation into possible […]

Telecom Italia gets new CEO & okays Canal+ JV

Telecom Italia (TIM) has confirmed the widely anticipated appointment of Vivendi exec Amos Genish as its new CEO and approved the creation of a joint venture with Canal+. The joint venture will aim to create a new premium video service and content creation unit for the Italian market. According to TIM, the JV with Canal+ […]

Mediaset demands additional €3bn from Vivendi

Vivendi has revealed that Mediaset and leading shareholder Fininvest filed a fresh lawsuit against it in June, claiming an additional €3 billion (US$3.6 billion) in damages. Mediaset filed a complaint on June 9, claiming damages totaling €2 billion, while Fininvest claimed €1 billion. The complaint related to Vivendi’s acquisition of Mediaset shares at the end […]

Gov’t set to test Vivendi’s grip on Telecom Italia

Italian government officials are reportedly moving forwards with the process of determining whether Vivendi exercises a controlling influence over Telecom Italia (TIM). The moves represent a further ratcheting up of pressure on the French media group, which has resolutely rejected claims that it now “controls” TIM. According to Italian press reports, the government could determine […]

Mediaset-Telecom deal ‘desirable’ – Italy official

An agreement between Mediaset and Telecom Italia (TIM) to combine the former’s content with the latter’s distribution network and customer base is “desirable” provided Italy retains influence over development, according a leading government official. Interviewed by La Stampa newspaper, the country’s undersecretary of state for telecommunications, Antonello Giacomelli, said that “an industrial agreement” between the […]

Vivendi ‘set to launch’ Italian version of Canal+

Locked in an epic legal battle with its original preferred partner in the Italian market, Vivendi is set to launch a parallel TV initiative in partnership with Telecom Italia (TIM), according to French financial daily Les Echos. The report, which cites unnamed sources, claims Vivendi has decided to launch a premium channel, named Canale+, with […]

Havas prodco Save Ferris returns to independence

French prodco Save Ferris Production has returned to independence after five years operating within advertising giant Havas Media. Save Ferris – a reference to US movie Ferris Bueller’s Day Off – has been 51% owned by Havas since 2012, having been founded by Jean-Charles Felli and Christophe Tomas in 2000. Financial terms of the agreement that […]

Vivendi units team up with Red Bull production outfit

Vivendi’s production arm Studiocanal and sister company Universal Music Group has formed a co-development partnership with Red Bull-owned Terra Mater Film Studios (The Ivory Game, Mindgamers) as the first step in a global initiative by Vivendi and Red Bull to maximise the value of their combined assets. Projects developed from the deal, which was announced […]

Mediaset returns to profit

Mediaset has bounced back into the black in the first quarter following its €294.5 million loss last year, which the company blamed squarely on “the turbulence” caused by French media giant Vivendi reneging on its deal with the Italian broadcaster. Mediaset’s success in clawing its way back to profit is due to its campaign of […]