0
Video

Mediaset raises stake in Germany's ProSiebenSat.1 to over 15%

Tuesday 12 November 2019 | 11:19 CET | News
Italian commercial broadcaster Mediaset has announced the acquisition of a further 5.5 percent stake in German counterpart ProSiebenSat.1 as part of its plan to set up a pan-European TV platform. Mediaset now owns 15.1 percent of ProSiebensat.1 after acquiring an initial 9.6 percent stake earlier this year. In a statement, Mediaset said the transaction "confirms Mediaset's commitment to invest in the future of free TV development in Europe and to unlock growth potential in Germany, Europe's largest media market." It added that it remained "convinced that there has to be a pan-European answer

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 / ProSiebenSat.1 / Vivendi
Countries: Germany / Italy
::: 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

S&T buys 55.5% of Citycomp for EUR 6 mln

Published 02 Jul 2020 09:22 CET | Germany
Austrian IT company S&T has acquired 55.5 percent of the multi-vendor service provider Citycomp Service for EUR 6 million, ...

ProSiebenSat.1 names Austrian Chancellor special advisor as new supervisory board member

Published 07 Apr 2020 11:16 CET | Germany
German broadcaster ProSiebenSat.1 said that it has appointed Antonella Mei-Pochtler as a new member of the supervisory board, ...

Mediaset increases stake in Germany's ProSiebenSat.1 to 20%

Published 24 Mar 2020 09:14 CET | Germany
Italian commercial broadcaster Mediaset has announced the acquisition of a further 4.25 percent stake in German counterpart ...

ProSiebenSat.1 large shareholders mull no-confidence vote in chairman at next AGM - report

Published 19 Mar 2020 10:26 CET | Germany
The large shareholders of German broadcaster ProSiebenSat.1, Czech billionaire Daniel Kretinsky and Italian broadcaster Mediaset, ...

Mediaset FY revenues down 14% to EUR 2.9 bln, considering ProSieben stake options

Published 13 Mar 2020 10:16 CET | Italy
Italian broadcaster Mediaset reported consolidated net revenues of EUR 2.93 billion in 2019, down around 14 percent from EUR 3.40 ...

ProSiebenSat.1 revenues up 3%, adjusted EBITDA falls 14% in 2019

Published 05 Mar 2020 16:28 CET | Germany
German broadcaster ProSiebenSat.1 said that its revenues grew by 3 percent to EUR 4.13 billion in 2019, in line with ...

Mediaset shareholders approve changes to pan-European MFE project

Published 13 Jan 2020 08:58 CET | Italy
The shareholders of Italian broadcaster Mediaset have approved a number of changes to the by-laws of its Netherlands-based ...

Mediaset rejects fresh Vivendi claims against pan-European plans

Published 24 Dec 2019 09:24 CET | Italy
Italian broadcaster Mediaset has again rejected a new set of complaints from Vivendi against its plans to create a pan-European ...

Judge delays decision on Mediaset, Vivendi conflict - report

Published 09 Dec 2019 09:18 CET | Italy
A Milan judge could now wait until early next year before ruling on Vivendi's request to block Mediaset's pan-European television ...

Mediaset in talks with ProSiebenSat.1, waits on Vivendi decision

Published 03 Dec 2019 09:46 CET | Europe
Italian commercial broadcaster Mediaset has held its first top-level talks with ProSiebenSat.1 since increasing its stake in the ...

Mediaset, Vivendi fail to settle legal conflict ahead of deadline

Published 02 Dec 2019 08:56 CET | Italy
A Milan judge is set to rule on Vivendi's request to block Mediaset's pan-European television project after the two sides failed ...

Judge gives Mediaset, Vivendi until 29 November to reach settlement

Published 25 Nov 2019 09:11 CET | Italy
Mediaset confirmed that a Milan judge has given the Italian broadcaster and its shareholder Vivendi another week to end a ...

Vivendi prepared to sell part of Mediaset stake at a loss - report

Published 22 Nov 2019 09:50 CET | Italy
French media giant Vivendi is ready to sell part of its 28.8 percent stake in Mediaset at a loss to end a longstanding legal ...

Vivendi may reduce Mediaset stake to end legal conflict - report

Published 18 Nov 2019 08:59 CET | Italy
French media giant Vivendi may cut its 28.8 percent stake in Mediaset with a view to ending a longstanding legal conflict and ...

Last week in media: Disney+ launches, McClatchy in liquidity crisis, ComScore recovers

Published 18 Nov 2019 07:01 CET | World
Walt Disney's launch of Disney+, even in just three countries, was last week's biggest news. A shock announcement came from ...

Mediaset Spain, Atresmedia fined over EUR 77 mln for anti-competitive conduct in TV ad market

Published 14 Nov 2019 09:23 CET | Spain
Spanish market and communications regulator CNMC has fined the broadcasters Atresmedia and Mediaset Spain a total of EUR 77.1 ...

Mediaset 9-month profit surges past EUR 100 mln on lower costs, net debt doubles

Published 13 Nov 2019 09:41 CET | Italy
Italian broadcaster Mediaset reported a surge in its net profit to EUR 101.5 million in the first 9 months of 2019, almost four ...

Vivendi prepared to divest Mediaset stake at a premium - report

Published 11 Nov 2019 10:12 CET | Italy
French media giant Vivendi is considering the possibility of divesting its 28.8 percent stake in Mediaset with a view to settling ...

Mediaset, Vivendi negotiating way out of merger plan impasse - report

Published 06 Nov 2019 09:22 CET | Italy
Italian commercial broadcaster Mediaset and its second largest shareholder Vivendi have begun talks over how to overcome the ...

Mediaset completes EUR 31.6 mln Mediaset Spain share purchase

Published 01 Nov 2019 10:05 CET | Spain
Italian broadcaster Mediaset has completed the share purchase plan of Mediaset Spain shares following its decision to create a ...

Vivendi launches Dutch court action against Mediaset merger plan

Published 31 Oct 2019 08:49 CET | Europe
Vivendi has filed a court action in Amsterdam to protect its interests as a minority shareholder in connection with Mediaset's ...

Vivendi files Italian court action against Mediaset merger plan

Published 16 Oct 2019 09:12 CET | Italy
Vivendi has filed a court action in Italy requesting the suspension of Mediaset's plans to merge its Italian and Spanish units ...

Spanish court suspends Mediaset's pan-European plan

Published 11 Oct 2019 15:04 CET | Spain
A Madrid commercial court has temporarily suspended Italian broadcaster Mediaset's plan to merge its domestic and Spanish ...

Mediaset profit and net debt rise in H1

Published 01 Oct 2019 09:54 CET | Italy
Italian broadcaster Mediaset reported a net profit of EUR 108.9 million in the first 6 months of the year, up 155 percent year on ...

Vivendi files Spanish and Dutch court actions against Mediaset merger

Published 24 Sep 2019 10:15 CET | Italy
Vivendi has filed court actions in Spain and the Netherlands against Mediaset's plans to merge its Italian and Spanish units into ...

Mediaset to acquire up to EUR 50 mln of Mediaset Spain shares, rejects Vivendi legal claims

Published 05 Sep 2019 09:56 CET | Spain
The board of Italian broadcaster Mediaset has approved the acquisition of Mediaset Spain shares worth up to EUR 50 million to ...

Mediaset shareholders approve European merger plan, Vivendi to launch court action

Published 04 Sep 2019 15:45 CET | Italy
Italian broadcaster Mediaset announced that its shareholders approved the company's plan to set up a pan-European media group ...

Vivendi brings court action against Mediaset's European merger plan

Published 27 Aug 2019 11:05 CET | Italy
Vivendi announced that it has brought a court action against the plans of Italian broadcaster Mediaset to create the ...

ProSiebenSat.1 and Mediaset rebuff reported plan to build pan-European TV company

Published 03 Jun 2019 13:10 CET | Europe
Italian daily Il Messaggero reported that the holding of a potential European TV company would be based in the Netherlands or ...

Italy's Mediaset acquires 9.6% stake in Germany's ProSiebenSat.1

Published 29 May 2019 09:28 CET | Germany
Italian commercial broadcaster Mediaset has announced the acquisition of a 9.6 percent stake in German counterpart ProSiebenSat.1 ...

ProSiebenSat.1 and Mediaset deny merger talks

Published 15 Apr 2019 16:24 CET | Europe
ProSiebenSat is not in talks to merge with Mediaset, and "I don't see the industrial logic of a merger", its CEO Max Conze said.  ...

The broadcaster as curator

Published 03 Jul 2018 12:41 CET | Netherlands
In the video market value chain, broadcasters have a difficult time. These days they are looking for partnerships, but the ...





Calendar   /   Industry Events

10 Aug Ceva Q2
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Gogo Q2 2020
10 Aug Sohu Q2 2020
11 Aug Lumentum fiscal Q4
11 Aug Zoom Telephonics Q2 2020
11 Aug NTT fiscal Q1
11 Aug Rakuten Group Q2
11 Aug Radcom Q2 2020
11 Aug Viavi fiscal Q4
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items