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Telefonica acquires 11% of Mediaset Premium for EUR 100 mln

Monday 7 July 2014 | 10:00 CET | News
Telefonica has announced the purchase of an 11.1 percent stake in the pay-TV business of Italian broadcaster Mediaset for EUR 100 million. The deal for Mediaset Premium comes shortly after Telefonica completed its acquisition of Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. Confirming the agreement for Premium, Mediaset added that it would transfer its pay-TV activities to a new company with an equity value of EUR 900 million. Mediaset is also in talks with other companies including Al Jazeera and Vivendi on possible tie-ups in the pay-TV

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Categories: Broadcast & Satellite
Companies: Digital+ / Mediaset / Telefonica / Vivendi
Countries: Italy / Spain
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