Media groups Vivendi, Fininvest and Mediaset have come to a global agreement to put an end to their disputes by waiving all litigation and claims between them. Vivendi will support Mediaset’s international development by voting in favour of the transfer of Mediaset’s headquarters to the Netherlands and will also vote in favour of the proposed […]
Vivendi will have to compensate Mediaset and RTI with €1.7 million for not having respected the agreement from April 8th 2016 for the sale of pay-TV unit Mediaset Premium. The ruling was made by the Court of Milan, which ascertained “Vivendi’s failure to meet its preliminary obligations” and condemned the French group to compensate Mediaset […]
There is much speculation in the French press that changes in the country’s channel/media ownership regulations could affect the potential sale of free-to-air network M6. An article in Les Echos suggests that Bertelsmann’s CEO Thomas Rabe expects a decision to be taken during this current half-year regarding the disposal of M6. The decision is important […]
Vivendi is being sued for €1 billion in damages in an action which alleges that the media giant made false statements during its merger with Seagram and Canal+ some two decades ago. Ninety investors (represented by law firm Soffer Avocats) allege that top executives failed to fully disclose the total extent of Vivendi’s debt. The […]
A report from investment bank Jefferies says that despite Vivendi’s plan to spin-off its Universal Music Group (UMG) before the end of the year – and to distribute 60 per cent of the new share capital to existing Vivendi shareholders – their overall view is that Vivendi’s current share price is “fully valued”. “Even adopting […]
French group Vivendi is reportedly seeking to operate a DTT channel in Spain as part of its plan to strengthen its position in the country’s media market, now that it has become the second largest shareholder in media group Prisa with a 9.9 per cent stake. To this end, Vivendi would have to lease a […]
Responding to speculation that it was seeking a buyer for its holding in French broadcaster M6, media group RTL has issued a statement suggesting that “it has repeatedly said that there is a strong case for consolidation in the European broadcasting sector”. “RTL Group reviews such options on an ongoing basis with a view to […]
Mediaset Spain has increased its share in the German TV group ProSiebenSat.1 by 3.43 per cent to a total of 13.18 per cent, in an investment estimated at €104 million. Mediaset Spain initially acquired a 5.5 per cent stake in the group in November 2019. Then, an additional 4.25 per cent in March 2020. The […]
Nearly 17 million pay TV subscribers will be added in Africa between 2020 and 2026 to take the total to 51 million, according to the Africa Pay TV Forecasts report from analyst firm Digital TV Research. Nigeria will be close to 11 million, with South Africa bringing in another 9 million. “Multichoice had 15.51 million […]
The never-ending slanging match between Vivendi and Mediaset threw up another missile on Saturday morning. Some Italian newspapers published what Vivendi allege were confidential documents in the long-running legal dispute between the two media giants. Vivendi, in a statement released on Saturday morning, said: “Vivendi is shocked that a confidential document, intended for the protection […]