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.”
Vivendi chairman Arnaud Roy de Puyfontaine has said all possibilities over the future of its terrestrial licence are under consideration, including the possibility of non-renewal.
Vivendi has completed the sale of its 10% stake in United Music Group (UMG) to a Tencent-led consortium.
Vivendi has confirmed it will appeal against the decision by a Milan Court to reject its request to suspend Mediaset’s MediaForEurope merger planned.
A judge has granted a new hearing in Vivendi’s request to block the pan-European television project led by Mediaset.
Vivendi could reduce its 29% stake in the Italian broadcaster Mediaset on order to end a long-running dispute between the two companies.
Vivendi has stepped up its plan to scupper the merger of Mediaset Italy and Mediaset Spain into the Dutch registered vehicle MediaforEurope.
Vivendi is preparing to launch a DTH platform in Ukraine after satellite signals in the country are encrypted on January 20, 2020.
M7 Group will close Diveo, its TV platform on Astra (19.2° East) for DTH satellite households in Germany, on November 30, 2019.
The first potential buyers are reportedly circling the production business of German media company ProSiebenSat.1.