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.
Vivendi could reduce its 29% stake in the Italian broadcaster Mediaset on order to end a long-running dispute between the two companies.
The Spanish regulator CNMC has fined the national broadcasters Mediaset and Atresdmedia a total of €77.1 million for anti-competitive practices in the commercialisation of TV advertising.
Italian media group Mediaset has acquired further 5.5% in the share capital of German media company ProSiebenSat.1, increasing its total shareholding to 15,1%.
Vivendi has stepped up its plan to scupper the merger of Mediaset Italy and Mediaset Spain into the Dutch registered vehicle MediaforEurope.
Mediaset and Atresmedia are expected to renew their battle for football TV rights before the end of the year by bidding for the World Cup in Qatar in 2022.