In a statement Vivendi has said that it “welcomes with great satisfaction the judgment pronounced today by the Court of Justice of the European Union and is delighted that the highest European legal authority today has ruled fully in its favour.”
US financial investor KKR has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1.
Spain’s Atresmedia Premium platform gained 90,000 paying subscribers in the first quarter, ending March with a total of 235,000.
Italian media group Mediaset has increased its shareholding in German broadcaster ProSiebenSat.1 by 4.1% to a total of 24.2%.
Italian media company Mediaset is seeking approval from Germany’s Federal Cartel Office for gaining “significant competitive influence” over German broadcaster ProSiebenSat.1.
Mediaset says it is operating on two complementary fronts on account of the social and economic impact of the coronavirus crisis.
Vivendi has confirmed it will appeal against the decision by a Milan Court to reject its request to suspend Mediaset’s MediaForEurope merger planned.
Mediaset will be launching a new free-to-air TV channel on DTT specialising in classic Italian films next month.
A judge has granted a new hearing in Vivendi’s request to block the pan-European television project led by Mediaset.
The fines totalling €77.1 million recently imposed by the Spanish regulator CNMC on Mediaset and Atresmedia open the door for legal challenges to the duopoly from advertisers and smaller TV stations.