0
Video

Mediaset Q3 results impacted by ongoing Vivendi dispute

Wednesday 9 November 2016 | 08:32 CET | News
Italian broadcaster Mediaset reported a net loss of EUR 89 million in the third quarter, compared to a EUR 60 million loss in the year-earlier quarter, saying its results were impacted by the conflict with French media giant Vivendi arising from the aborted deal for its Premium unit. "While the results at the end of the first half of the year showed an operating performance in line with the budget for the period, the third quarter was heavily influenced by Vivendi's failure to respect the terms of the binding contract of 08 April," said the company in a statement. It added that it incurred

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Mediaset / Vivendi
Countries: Italy / Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mediaset revenues down 2.5% in Q1, triples profit

Published 10 May 2017 08:36 CET | Italy
Italian broadcaster Mediaset reported revenues of EUR 889.3 million in the first quarter, down 2.5 percent on the year-earlier ...

Mediaset ad revenues up 2.4% in Q1

Published 20 Apr 2017 15:04 CET | Italy
Italian broadcaster Mediaset announced that its advertising revenues increased by 2.4 percent in the first quarter of 2017 ...

Vivendi confirms Italian probe into Mediaset stake building

Published 28 Feb 2017 09:18 CET | Italy
Vivendi has confirmed reports that its chairman Vincent Bollore and CEO chief executive Arnaud de Puyfontaine are among those ...

Orange awarded Mediaset Spain cloud services contract

Published 22 Feb 2017 10:13 CET | Spain
Orange Spain has announced a contract to provide and manage fixed cloud services for broadcaster Mediaset Spain over the next ...

Mediaset presents 2020 strategy, opens up Premium platform

Published 18 Jan 2017 09:10 CET | Italy
Italian commercial broadcaster Mediaset has announced that it expects to increase its Italian operating profit to EUR 468 million ...

Vivendi ups Mediaset stake as govt rules out intervention

Published 23 Dec 2016 08:31 CET | Italy
French media giant Vivendi announced that it now owns 28.8 percent of Mediaset's share capital and 29.94 percent of the voting ...

Mediaset calls for Agcom intervention as Vivendi ups stake

Published 21 Dec 2016 09:03 CET | Italy
Mediaset has called for the intervention of Italian communications regulator Agcom to put a halt to the aggressive stake-building ...

Vivendi intends to raise Mediaset stake to 'strategic' 30%

Published 20 Dec 2016 08:14 CET | Italy
French media giant Vivendi announced that its management board has decided to increase its stake in Mediaset to 30 percent, the ...

Vivendi has no plans to take over Mediaset - CEO

Published 19 Dec 2016 09:23 CET | Italy
French media giant Vivendi has no plans to take over Mediaset even after aggressively building up a 20 percent stake in the ...

Italy's Agcom warns Vivendi of market concentration

Published 16 Dec 2016 08:42 CET | Italy
Italy's communications regulator Agcom has issued a statement warning French media giant Vivendi that its stake-building ...

Vivendi second largest Mediaset shareholder with 20% stake

Published 15 Dec 2016 08:38 CET | Italy
French media giant Vivendi has announced that it now owns 20 percent of Mediaset just two days after it acquired a 3 percent ...

Vivendi increases Mediaset stake to above 12%

Published 14 Dec 2016 08:37 CET | Italy
French media giant Vivendi has announced that it now owns 12.32 percent of Mediaset the day after it revealed it had a 3.01 ...

Vivendi targeting 20% of Mediaset after disclosing 3% stake

Published 13 Dec 2016 08:38 CET | Italy
Fininvest, the holding company that owns 35 percent of Mediaset, has accused Vivendi of covertly plotting a takeover of the ...

Italy's RAI to bid for 2018 Champions rights - report

Published 05 Dec 2016 08:38 CET | Italy
Italian public broadcaster RAI is preparing to bid for the rights to air Champions League football matches starting in the 2018 ...

Vivendi denies TIM involvement in Mediaset deal

Published 02 Dec 2016 11:47 CET | Italy
French media giant Vivendi has issued a statement denying any plans to bring in Telecom Italia (TIM) to resolve the ongoing ...

Mediaset, Sky Italia in talks over Premium deal - report

Published 21 Nov 2016 08:59 CET | Italy
Italian broadcaster Mediaset and pay-TV rival Sky Italia are in contact over a potential agreement involving Mediaset's pay-TV ...

Vivendi has ended interim management of Premium - Mediaset

Published 21 Oct 2016 09:11 CET | Italy
Mediaset has announced that it has received a letter from French media giant Vivendi informing the Italian broadcaster that it's ...

Conflict with Vivendi to be resolved in court - Mediaset

Published 20 Oct 2016 09:11 CET | Italy
Mediaset has announced that conflict with French media giant Vivendi arising from the aborted deal for its Premium unit will be ...

Vivendi to bring in TIM to resolve Mediaset dispute - report

Published 14 Oct 2016 08:36 CET | Italy
French media giant Vivendi is planning to team up with Telecom Italia (TIM) to resolve the ongoing dispute over its aborted deal ...

Mediaset asks court to seize 3.5% Vivendi stake - report

Published 13 Oct 2016 08:35 CET | Italy
Italian commercial broadcaster Mediaset has filed a request before an Italian court requesting that it order the seizure of a 3.5 ...

Vivendi 'optimistic' about solving Mediaset Premium impasse

Published 03 Oct 2016 08:30 CET | Italy
French media giant Vivendi remains upbeat about resolving the impasse with Italian commercial broadcaster Mediaset over the ...

Vivendi shelves plans for European VoD service - report

Published 06 Sep 2016 11:05 CET | Europe
Vivendi has shelved plans for developing a European video-on-demand service to rival Netflix, reports Liberation. The company had ...

Vivendi confirms details of 'ambitious' new Mediaset offer

Published 27 Jul 2016 12:56 CET | Italy
French media group Vivendi has confirmed that it has backed away from a deal to acquire 100 percent of the pay TV unit of ...

Vivendi buys Mediaset Premium in share swap deal

Published 11 Apr 2016 08:21 CET | Italy
French media giant Vivendi has reached an agreement to acquire the Mediaset Premium pay-TV business of Italian commercial ...