0
Video

Vivendi has no plans to take over Mediaset - CEO

Monday 1 August 2016 | 11:18 CET | News
Vivendi has no plans to take over Mediaset and remains open to rebuilding trust with the Italian broadcaster, according to the French company's CEO Arnaud de Puyfontaine. In an interview with Italian daily Corriere della Sera, the executive confirmed that a merger between Mediaset and Telecom Italia "is not our goal and is not on our agenda." However, he went on to point out that Vivendi can no longer honour the original deal to acquire 100 percent of the Italian company's pay-TV business Mediaset Premium because a Deloitte assessment produced figures that are different from those given by

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: Deloitte Nederland / Mediaset / Telecom Italia / Vivendi
Countries: France / 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 transfers majority of Mediaset stake into trust

Published 12 Apr 2018 08:38 CET | Italy
French media giant Vivendi has informed Italy's communications regulator Agcom that it transferred 19.19 percent of its stake in ...

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 ...

Mediaset may cut Premium value to reach Vivendi deal-report

Published 22 Sep 2016 14:43 CET | Italy
Italian broadcaster Mediaset could be prepared to revise its business plan for pay-TV unit Mediaset Premium and may even agree to ...

Mediaset lodges French complaint against Vivendi - report

Published 12 Sep 2016 09:15 CET | France
Italian broadcaster Mediaset has filed a complaint with French stock market regulator AMF regarding what it describes as false ...

Abu Dhabi funds could buy 25% of Mediaset Premium - report

Published 29 Aug 2016 15:05 CET | Italy
Abu Dhabi-based funds could acquire 20 to 25 percent of Mediaset's Premium pay-TV unit, according to unnamed sources cited by ...

Telefonica prepared to sell Mediaset Premium stake - report

Published 25 Aug 2016 08:26 CET | Italy
Telefonica would be prepared to sell its 11.1 percent stake in the Mediaset Premium pay-TV business if a deal allowed it, ...

Fininvest requests EUR 570 mln in damages from Vivendi

Published 24 Aug 2016 08:18 CET | Italy
Fininvest, the holding company that owns 35 percent of Italian broadcaster Mediaset, has filed a lawsuit before a Milan court to ...

Mediaset sues Vivendi, seeks EUR 1.5 billion in damages

Published 22 Aug 2016 09:50 CET | Italy
Italian broadcaster Mediaset has filed a lawsuit against in order to force Vivendi to honour its deal to acquire 100 percent of ...

Vivendi considers compromise on Mediaset Premium – report

Published 19 Aug 2016 08:48 CET | Italy
Vivendi is reportedly studying proposals to resolve the impasse on Mediaset Premium, reports Italian daily Il Sole 24 Ore. A ...

Vivendi pay-TV deal arguments "laughable" - Mediaset CEO

Published 05 Aug 2016 08:31 CET | Italy
Mediaset is considering legal action in civil and criminal courts to protect its interests after Vivendi backed out of an ...

Mediaset ready to sue to enforce Vivendi pay-TV deal

Published 29 Jul 2016 14:34 CET | Italy
Italian broadcaster Mediaset said it will use all means at its disposal to force Vivendi to honour its deal to acquire 100 ...

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 questions Mediaset Premium value, looks to cut stake

Published 26 Jul 2016 14:02 CET | Italy
Italian broadcaster Mediaset has announced that French media giant Vivendi has backtracked on its plan to acquire 100 percent of ...

Vivendi-Mediaset to launch 'Latin Netflix' in September

Published 12 Apr 2016 09:15 CET | France
French media giant Vivendi and Italian broadcaster Mediaset are preparing to launch a VoD service in the style of Netflix as ...

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 ...