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Mediaset launches Premium, forecasts EUR 19 mln Q4 EBIT

Tuesday 2 December 2014 | 10:10 CET | News
Italian broadcaster Mediaset announced that its pay-TV business Mediaset Premium is now fully operational as a separate entity. The new company's equity value will be around EUR 900 million, with Telefonica retaining an 11.1 percent stake, although recent press reports have suggested Vivendi could be interested in acquiring Telefonica's stake. The remaining 88.9 percent stake in Premium will remain in Mediaset's hands but the company said it was "ready to consider the possible entry of major industrial partners to strengthen the technological and international dimension of the new venture."

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Categories: Broadcast & Satellite
Companies: Mediaset / Telefonica
Countries: Italy
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