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Vivendi ready to pay compensation to settle Mediaset case - report

Wednesday 11 October 2017 | 08:55 CET | News
French media giant Vivendi has offered to pay compensation to Italian commercial broadcaster Mediaset to resolve a long-running legal dispute between the two companies, reports Reuters, citing three unnamed sources. Vivendi is willing to pay an initial EUR 250 million as part of a broader potential agreement, said one source, with another adding that unspecified further payments would be made later. The report also suggested Mediaset may be invited to become the third partner in a planned joint venture between Telecom Italia (TIM) and Vivendi's pay-TV unit Canal+.

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Categories: Broadcast & Satellite
Companies: Canal+ / Mediaset / Telecom Italia / TIM / Vivendi
Countries: Italy
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