0
Video

Mediaset raises Vivendi damages claim to EUR 3 bln

Monday 4 September 2017 | 09:14 CET | News
Italian commercial broadcaster Mediaset filed a new complaint in June seeking damages of EUR 3 billion from French media giant Vivendi, reports business daily Il Sole 24 Ore, citing Vivendi's recent first-half financial statement. The figure is double the amount claimed by Mediaset earlier this year following the French company's decision to pull out of a deal to acquire the Mediaset Premium pay-TV unit in April 2016. Vivendi has since built up a 28.8 percent stake in Mediaset in a move that led communications regulator Agcom to order the French company to reduce its stake in the broadcaster

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 / Telecom Italia / Vivendi
Countries: 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

Vivendi-Mediaset lawsuit hearing postponed to March

Published 05 Dec 2018 15:19 CET | Italy
A Milan court has postponed a hearing to resolve the long-running legal dispute between Italian broadcaster Mediaset and French ...

Vivendi, Mediaset lawsuit to go ahead after mediation fails

Published 27 Feb 2018 08:33 CET | Italy
Attempts at resolving a long-running legal dispute between Mediaset and French media giant Vivendi appear to have failed after ...

Mediaset absorbs Videotime production unit

Published 21 Feb 2018 10:39 CET | Italy
Italian commercial broadcaster Mediaset has announced that production unit Videotime will be absorbed into the parent company, ...

Mediaset set to cut board to stem Vivendi influence - report

Published 15 Dec 2017 09:22 CET | Italy
Shareholders in Italian commercial broadcaster Mediaset are expected to approve a proposal to cut the maximum number of board ...

TIM content deal could settle Vivendi case – Mediaset CEO

Published 11 Dec 2017 09:32 CET | Italy
The recent announcement by Telecom Italia (TIM) that it's in discussions with broadcaster Mediaset over a new and comprehensive ...

TIM board approves new Canal Plus content-based joint venture

Published 23 Oct 2017 08:32 CET | Italy
The board of Telecom Italia (TIM) has given the go-ahead to the creation of a broadcasting joint venture with Vivendi's pay-TV ...

Vivendi ready to pay compensation to settle Mediaset case - report

Published 11 Oct 2017 08:55 CET | Italy
French media giant Vivendi has offered to pay compensation to Italian commercial broadcaster Mediaset to resolve a long-running ...

Vivendi, Mediaset lawyers negotiating pay-TV deal - report

Published 09 Oct 2017 15:28 CET | Italy
Attorneys acting on behalf of Italian commercial broadcaster Mediaset and French media giant Vivendi have initiated talks over a ...

Police raid Vivendi's Paris HQ in Mediaset probe

Published 06 Oct 2017 08:39 CET | France
French media giant Vivendi revealed that police raided its headquarters on 05 October as part of a probe into alleged stock ...

Mediaset profit more than doubles to EUR 213 mln in H1

Published 27 Sep 2017 09:09 CET | Italy
Italian broadcaster Mediaset reported revenues of EUR 1.85 billion in the first six months of the year, down 1.3 percent from EUR ...

Mediaset Italia channel added to DirecTV in US

Published 21 Sep 2017 10:22 CET | Italy
Italian broadcaster Mediaset has signed an agreement to air its international channel Mediaset Italia on AT&T's DirecTV ...

Vivendi submits new Mediaset plan to Italy's Agcom

Published 14 Sep 2017 09:52 CET | Italy
Italian communications regulator Agcom has acknowledged a new plan by French media giant Vivendi to reduce its influence in ...

TIM to have 80% control of Canal Plus joint venture - report

Published 08 Sep 2017 10:47 CET | Italy
Telecom Italia (TIM) will have 80 percent of the capital of the planned broadcasting joint venture with Vivendi's pay-TV channel ...

Vivendi close to agreeing deal to cut stake in Italy's Mediaset - report

Published 08 Sep 2017 10:33 CET | Italy
French media giant Vivendi is nearing a preliminary deal with Italy's communications regulator Agcom on reducing its stake in ...

Vivendi to invite Mediaset to join planned TIM-Canal Plus JV - report

Published 06 Sep 2017 09:59 CET | Italy
French media giant Vivendi may invite Italian broadcaster Mediaset to take part in a planned joint venture between Telecom Italia ...

TIM, Mediaset should reach content deal - Giacomelli

Published 22 Aug 2017 09:17 CET | Italy
Telecom Italia (TIM) and Mediaset should reach an industrial agreement combining the operator's network with the broadcaster's ...

Agcom may block planned TIM-Canal Plus JV - report

Published 09 Aug 2017 14:40 CET | Italy
A planned joint venture between TIM and Vivendi's pay-TV unit Canal+ may be blocked by Italian communications watchdog Agcom, ...

Vivendi amends plan to cut Mediaset voting rights

Published 02 Aug 2017 08:32 CET | Italy
Italian communications regulator Agcom announced that French media giant Vivendi has submitted a series of unspecified amendments ...

Vivendi preparing Italian version of Canal Plus with TIM - report

Published 25 Jul 2017 15:32 CET | Italy
French media giant Vivendi wants to launch an Italian version of Canal Plus and has proposed setting up a joint venture between ...

TIM faces tax police probe over Vivendi influence - report

Published 20 Jul 2017 10:18 CET | Italy
Italy's market regulator Consob instructed tax police to carry out inspections at Telecom Italia's Milan and Rome offices to ...

Vivendi Agcom appeal set for Feb 2018

Published 11 Jul 2017 13:49 CET | Italy
Vivendi's appeal against a ruling by Italian telecoms regulator Agcom over its stakes in Telecom Italia and Mediaset will be ...

Mediaset approves share buyback, files new Vivendi claim

Published 29 Jun 2017 08:33 CET | Italy
Italian commercial broadcaster Mediaset has approved a share buyback programme at its annual shareholders meeting that is ...

Vivendi ordered to cut Mediaset or TIM stake within 1 year

Published 19 Apr 2017 08:35 CET | Italy
Italian communications regulator Agcom has ordered French media giant Vivendi to reduce its stake in Telecom Italia (TIM) or ...

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 ...