The Executive Board and Supervisory Board of ProSiebenSat.1 Media has rejected the proposals of MFE-MEDIAFOREUROPE for the Annual General Meeting on April 30th. The motions submitted by MFE, which is controlled by the Italian Berlusconi family, include proposals for a split-up of the company, the composition of the Supervisory Board and the restriction of the […]

Italy-based broadcasting group MFE-MediaForEurope is expected to close 2023 with profit exceeding €217 million, the figure recorded in the previous year. This figure does not include the effects of adding ProsiebenSat.1 to their finances. Advertising revenues in Spain and Italy are expected to grow by 5 per cent compared to the same period in 2023. The […]

MFE-MediaForEurope has reported a net profit at group level of €216.9 million, down from €374.1 million in 2021 but an increase of 14 per cent on the pre-Covid 2019. Net profit at parent company MFE was €27.4 million, a significant drop on the net profit of €214.1 million a year earlier. Consolidated net revenues amounted […]

Italian broadcaster MFE-MediaforEurope has ruled out a complete merger with German broadcaster ProsiebenSat.1 for the time being – as well as a takeover bid – but is open to closer cooperation. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, MFE has built a potential stake of 29.9 per cent in its rival […]

Berlusconi family-controlled MediaForEurope (MFE) is looking to take majority control of German commercial broadcaster ProSiebenSat.1. MFE filed its formal notification at Austria’s Federal Competition Authority (Bundeswettbewerbsbehörde) on December 13th. The filing talks about the “acquisition of de facto sole control” of the German media business. Investment bank Exane/BNPP suggests this could be a difficult move […]

MFE-MediaForEurope has announced the appointment of Katharina Behrends as General Manager for the German speaking region (DACH). She will join the company on October 1st. Behrends will oversee MFE’s corporate engagement and activities in Germany, Austria and Switzerland. Over the past 15 years, Behrends has held several leadership positions at NBC Universal Networks, where, in […]

Italian Group Media for Europe (MFE), owned by Silvio Berlusconi, will hold 82.92 per cent of Mediaset Spain after waiving the minimum acceptance threshold standing at 85 per cent. The Group – already owner of 55.69 per cent of the Spanish company – plans to take Mediaset Spain out of the Stock Market when the […]

MediaForEurope (MFE), controlled by the family of Silvio Berlusconi, will certainly look at Channel 4 when it is put up for sale, its CFO Marco Giordani has declared. The UK government plans to sell Channel 4, but the necessary legislation still needs to be passed and it faces stiff opposition. But if it does go […]

MediaForEurope (MFE – the renamed Mediaset) has upped by 16 per cent the cash part for its bid for its own Spanish-listed subsidiary Mediaset Espana. MFE said that the share consideration was unchanged and claimed that Mediaset Espana was now recommending MFE‘s improved offer. MFE said it would offer 4.5 of its ordinary A shares […]

The first quarter 2022 results from MFE-MediaforEurope have not been significantly impacted by the ongoing geo-political crisis and its economic consequences. Consolidated net revenues were up three per cent to €654.3 million, of which the Italian market accounted for €466.3 million (up from €450.2 million) and Spain contributed with the remaining €188 million (compared with […]