Italian pay-TV “ripe for consolidation”
There are Italian press reports that Sky (which controls the Sky UK, Sky Germany and Sky Italia broadcasters) has offered €1.1 billion to buy Mediaset’s pay-TV arm, which Mediaset has rejected. In a note to clients, investment bank Exane BNP-Paribas hints that this is good news for both Mediaset and Sky. The bank’s report says […]