Police have raided the headquarters of French media giant Vivendi as part of the ongoing investigation into market abuse as during its acquisition of a stake in Italian firm Mediaset.
Vivendi is close to an agreement that would see the French media giant reduce its stake in Silvio Berlusconi’s Mediaset.
The European Commission has approved the proposed advertising JV between Mediaset, ProSiebenSat.1 and TF1.
The legal battle between Mediaset and Vivendi is entering a new phase with the Italian private broadcaster claiming €3 billion in damages.
The European Court of Justice has ruled that Italy’s move from analogue to digital terrestrial television was violating EU laws, failing to allocate one mux for each analogue channel.
Italy’s Mediaset is prepared to consider a strategy for its pay-TV unit Premium that relies less on securing expensive sports rights.
Italy’s private broadcaster Mediaset and Telecom Italia Media (TIM) made no offer in the tender for Serie A football rights, leaving Sky as the only major bidder.
TF1 Group, ProSiebenSat.1 (Germany), and Mediaset (Italy and Spain) are establishing in equal shares the European Broadcaster Exchange (EBX) to address the demand for pan-European video campaigns at scale.
Italy’s communications regulator AGCOM has ruled that French media group Vivendi violated Italy’s media antitrust law by building up controlling stakes in broadcaster Mediaset and telecom operator Telecom Italia (TIM), and given Vivendi a 12 month deadline to reduce its stake in either one.
The collapse of Mediaset’s sale of its Mediaset Premium pay-TV division will cost the Italian media concern €100 million.