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Vivendi submits new Mediaset plan to Italy's Agcom

Thursday 14 September 2017 | 09:52 CET | News
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Italian communications regulator Agcom has acknowledged a new plan by French media giant Vivendi to reduce its influence in broadcaster Mediaset to meet the watchdog's concerns. In the new plan Vivendi pledges to take a number of measures to comply with Agcom's demands over its "significant influence" at the broadcaster including the transfer to an independent vehicle of at least 19.19 percent of the Mediaset shares it owns. Agcom said it would "would ensure the practical implementation of the commitment to amend the prohibited position within the time limit set out in the decision."

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