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☆ Berlusconi family holding adds two board seats as daughter Eleonora joins
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Eleonora Berlusconi, Barbara Berlusconi and Luigi Berlusconi react on the day of the state funeral of former Italian Prime Minister Silvio Berlusconi outside the Duomo Cathedral, in Milan, Italy June 14, 2023. The other new entry is lawyer Michele Carpinelli, an M&A expert and a long-time family adviser, the source added. In his will, Berlusconi, who died aged 86 in June, handed his eldest children, Marina and Pier Silvio, joint control of Fininvest through a combined, indirect 52% stake. Marina and Pier Silvio have been directly involved in running the family business for almost two decades. Pier Silvio, Barbara and Luigi have long been board members.

Persons: Eleonora Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Silvio Berlusconi, Claudia Greco, Berlusconi, Michele Carpinelli, Silvio, Barbara, Eleonora, Luigi, Marina Berlusconi, Berlusconi's, Mediolanum, Elvira Pollina, Keith Weir, Valentina Za Organizations: Italian, Duomo Cathedral, REUTERS, Repubblica, Marina, Mondadori, Thomson Locations: Duomo, Milan, Italy

☆ MFE retains domestic TV rights of Italian soccer cup
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

MILAN, Oct 30 (Reuters) - Italy's top soccer league Serie A said on Monday it had awarded commercial broadcaster MFE-MediaForEurope <MFEB.MI> the domestic TV rights for the next three seasons of the Italian Cup competition. The deal also includes the right to screen the Italian Super Cup which has been revamped earlier this year as a four-team competition rather than being a match between the winners of Serie A and the Italian Cup. That brings the total value of the deal, which covers the three seasons until 2026-27, to around 168 million euros. The company, which is controlled by the family of late media tycoon Silvio Berlusconi, is the current holder of the Italian Cup and Super Cup domestic TV rights, under a three-year contract expiring in June and worth some 145 million euros. ($1 = 0.9415 euros)Reporting by Elvira Pollina, editing by Gavin Jones and Federico Maccioni and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Silvio Berlusconi, Elvira Pollina, Gavin Jones, Federico Maccioni Organizations: MILAN, Serie, Reuters, Italian, Super, Sky Italia, Thomson Locations: Italy

☆ Italian PM's former partner loses TV show over sexist comments
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Andrea Giambruno, partner of Italy's new Prime Minister Giorgia Meloni, arrives at the Quirinale Presidential Palace for the swearing-in ceremony of Italy's new government, in Rome, Italy October 22, 2022. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsROME, Oct 25 (Reuters) - /Andrea Giambruno, the former partner of Italian Prime Minister Giorgia Meloni, has been taken off a television talk show he had presented before Meloni left him following sexist comments he made to female co-workers. Audio excerpts also revealed him talking about being in an affair and telling colleagues they could work with him if they took part in group sex. MFE is owned by the heirs of the late Silvio Berlusconi, a former prime minister and Meloni ally. Reporting By Gavin Jones Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrea Giambruno, Giorgia Meloni, Yara, Meloni, Giambruno, Silvio Berlusconi, Gavin Jones, Bernadette Baum Organizations: REUTERS, Rights, Italian, Thomson Locations: Rome, Italy, Giambruno

ROME, Oct 20 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments. Meloni told reporters last month she should not be judged over Giambruno's remarks and in future would not answer questions about his behaviour. The split comes as the 46-year-old prime minister celebrates her first year in office at the head of a right-wing coalition government that has defended the traditional family as one of its policy hallmarks. "My relationship with Andrea Giambruno, which lasted almost 10 years, ends here," Meloni wrote on her social media accounts. The TV journalist had been widely criticised in August for comments interpreted by many as victim-blaming, following a gang rape case.

Persons: Giorgia Meloni, Andrea Giambruno, Meloni, Giambruno, Mediaset, Silvio Berlusconi, Marco Furfaro, Gavin Jones, Deborah Kyvrikosaios Organizations: Italian, Democratic Party, Thomson

☆ Giorgia Meloni, Italian prime minister, splits from partner after his sexist TV comments
▼ + stars: | 2023-10-20 | by ( ) edition.cnn.com time to read: +1 min

Reuters —Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments made on and off air. “My relationship with Andrea Giambruno, which lasted almost 10 years, ends here,” Meloni wrote on her social media accounts. Giambruno is the presenter of a news program transmitted by Mediaset, part of the MFE (MFEB.MI) media group owned by the heirs of the late Silvio Berlusconi, the former prime minister and Meloni ally. The TV journalist had already been widely criticized in August for apparent victim-blaming comments following a gang rape case. Meloni had said after that episode that she should not be judged for comments made by her partner, and that in future she would not answer questions about his behavior.

Persons: Giorgia Meloni, Andrea Giambruno, ” Meloni, Giambruno, Mediaset, Silvio Berlusconi, “, ”, Meloni Organizations: Reuters, Italian

☆ Italy PM splits from partner after his sexist TV comments
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Andrea Giambruno, partner of Italy's new Prime Minister Giorgia Meloni, arrives at the Quirinale Presidential Palace for the swearing-in ceremony of Italy's new government, in Rome, Italy October 22, 2022. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsROME, Oct 20 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments made on and off air. "My relationship with Andrea Giambruno, which lasted almost 10 years, ends here," Meloni wrote on her social media accounts. The TV journalist had already been widely criticised in August for apparent victim-blaming comments following a gang rape case. Meloni had said after that episode that she should not be judged for comments made by her partner, and that in future she would not answer questions about his behaviour.

Persons: Andrea Giambruno, Giorgia Meloni, Yara, Meloni, Giambruno, Mediaset, Silvio Berlusconi, Alvise Armellini, Gavin Jones Organizations: REUTERS, Rights, Italian, Thomson Locations: Rome, Italy

☆ Soccer Serie A looks at media platform as right sale faces stalemate
▼ + stars: | 2023-10-11 | by ( Elvira Pollina | ) www.reuters.com time to read: +2 min

MILAN, Oct 11 (Reuters) - Italy's top flight soccer league Serie A is pressing ahead with plans to launch its own media operations with the support of financial investors as a sale process of domestic broadcasting licences struggles to gain traction, club and league officials said. The creation of a media platform to distribute Serie A matches to other TV outlets as well as the launch of a league-run live video streaming subscription service have been repeatedly floated in recent years. The launch of a TV streaming service platform to broadcast matches would a first for any major soccer league in Europe. The 20 clubs may also decide to use the league's streaming platform to screen only some of the matches, awarding part of the rights to the established broadcasters. TV rights are a key source of revenue for Serie A clubs such as this year's champions Napoli, Juventus (JUVE.MI) and Milanese clubs AC Milan and Inter.

Persons: Elvira Pollina, Keith Weir Organizations: MILAN, Serie, Sky Italia, Napoli, Juventus, Milanese, AC Milan, Inter, English Premier League, Premier League, Thomson Locations: Europe

☆ Berlusconi's eldest heirs strike pact for joint control of business empire
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

MILAN, Sept 15 (Reuters) - The two eldest heirs of late media mogul Silvio Berlusconi have agreed an open-ended pact which binds them to vote together at the family holding company's shareholder meetings, regulatory filings showed on Friday. In his will, Berlusconi, who died aged 86 in June, handed Marina and Pier Silvio, the offspring from his first marriage, joint control of his media and financial empire held by family holding company Fininvest. Under their pact, Marina and Pier Silvio, each owning a 26% indirect stake in Fininvest, agreed to consult at least five days before any Fininvest shareholder meeting to agree a joint position, the documents showed. The agreement secures a dominant influence of the eldest heirs over the family holding company, the regulatory filings said. All of the heirs agreed a lock-up period of five years, during which time they have pledged not to alter the stakes they hold in Fininvest, the filings showed.

Persons: Silvio Berlusconi, Berlusconi, Mediolanum, Berlusconi's, Barbara, Eleonora, Luigi, materialises, Elvira Pollina, David Holmes Organizations: Marina, Silvio, Mondadori, Thomson Locations: Marina, Fininvest, Milan

☆ Factbox: Who got what in Silvio Berlusconi's will?
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Pier Silvio Berlusconi attends the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. REUTERS/Yara Nardi/File PhotoMILAN, July 6 (Reuters) - Details of how billionaire Italian tycoon Silvio Berlusconi divided up his assets have been made public on Thursday after the will of the former prime minister, who died on June 12, was unsealed. That means the five children each get an additional Fininvest stake of just over 8%, on top of what they already owned. * He left the remaining one third of his stake, roughly 20% of Fininvest, to his eldest children, Marina and Pier Silvio, in equal amounts. * Marina and Pier Silvio already owned 7.65% of Fininvest each, or a combined 15.3%.

Persons: Silvio Berlusconi, Yara, MILAN, Forbes, Berlusconi, Pier Silvio, Marta Fascina, Paolo, Marcello Dell'Utri, Dell'Utri, Valentina Za, Keith Weir Organizations: Italian, Cathedral, REUTERS, broacaster, Banca Mediolanum, Serie A, Monza, Marina, Thomson Locations: Milan, Italy

☆ Berlusconi leaves control of family business to two eldest children
▼ + stars: | 2023-07-06 | by ( Elvira Pollina | ) www.reuters.com time to read: +4 min

[1/2] Eleonora Berlusconi, , Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi walk to attend the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. Marina and Pier Silvio Berlusconi, who both already have executive roles in parts of the business, will hold equal stakes jointly worth around 53% in the Fininvest family holding company, the source said, confirming an earlier report from ANSA news agency. Marina chairs Fininvest while Pier Silvio has been in charge of the MFE-MediaForEurope (MFEB.MI) TV business which has long been the jewel in the family's crown. Barbara, Eleonora and Luigi Berlusconi, his three children from his second marriage, have been less involved in the family business. Berlusconi, who founded a business empire based on real estate and then television, died in Milan.

Persons: Eleonora Berlusconi, Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi, Silvio Berlusconi, Claudia Greco, Marta Fascina, Dell'Utri, Silvio Berlusconi's, Marina, Pier Silvio, Silvio, Barbara, Eleonora, Berlusconi, Paolo, Marcello Dell'Utri, Fascina, Milan's, Villa San, Villa, Costa, Vladimir Putin, Tony Blair, Giulio Piovaccari, Federico Maccioni, Keith Weir, Alvise Armellini, Mark Potter Organizations: Italian, Cathedral, REUTERS, MILAN, Fininvest SpA, Reuters, Forza Italia, Italian Serie A, Monza, Villa, British, Thomson Locations: Milan, Italy, Marina, Fininvest, Raffaele, Italian, Villa San Martino, Arcore, Russian

☆ Berlusconi leaves control of business empire to two eldest children
▼ + stars: | 2023-07-06 | by ( Elvira Pollina | ) www.reuters.com time to read: +4 min

[1/2] Eleonora Berlusconi, , Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi walk to attend the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. Marina, 56, chairs Fininvest while Pier Silvio, 54, has been in charge of the MFE-MediaForEurope (MFEB.MI) TV business which their father founded. Forbes estimated that the overall Berlusconi family assets, which include luxury properties in Milan, Rome and Sardinia, were worth around $6.8 billion. Brash, ebullient and a four-time prime minister, Berlusconi was a media mogul and political showman whose financial and sexual scandals made him the most polarising figure in modern Italy. Barbara, Eleonora and Luigi Berlusconi, his three children from his second marriage, have been less involved in the family business.

Persons: Eleonora Berlusconi, Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi, Silvio Berlusconi, Claudia Greco, Marta Fascina, Dell'Utri, Silvio Berlusconi's, Marina, Pier Silvio, Fininvest, Brash, ebullient, Berlusconi, Silvio, Barbara, Eleonora, Paolo, Marcello Dell'Utri, Fascina, Milan's, Giorgia Meloni's, Giulio Piovaccari, Federico Maccioni, Keith Weir, Alvise Armellini, Mark Potter Organizations: Italian, Cathedral, REUTERS, MILAN, Marina, Italian Serie A, AC Monza, Banca Mediolanum, Forbes, Fininvest SpA, Reuters, MARTA Berlusconi, Forza Italia, Thomson Locations: Milan, Italy, Italian, Rome, Sardinia, Raffaele

MILAN, June 14 (Reuters) - Merger and acquisition speculation has lifted shares in MFE (MFEB.MI), the late Silvio Berlusconi's TV business, following his death, but a number of obstacles stand in the way of any rapid deal. With a 19.8% MFE stake, Vivendi (VIV.PA) is widely seen as the natural buyer for MFE. This week's rally has lifted the market value of the whole of MFE to 1.8 billion euros. Any accord between Vivendi and Fininvest would require overcoming the deep distrust between the two groups after years of courtroom battles sparked by a failed 2016 TV deal. Like Fininvest, Vivendi faces a loss on any potential sale of its MFE stake given the gap between book and market prices.

Persons: Silvio Berlusconi's, Vincent Bollore, Urbano, Pier Silvio Berlusconi, Fininvest, MFE, Emilio Parodi, Valentina Za, Barbara Lewis Organizations: MILAN, Vivendi, Reuters, della Sera, U.S, Warner Bros ., VIVENDI, FININVEST, Fininvest, MFE, Thomson Locations: MFE, Urbano Cairo, Germany's ProSiebenSat, Italy, Spain, Rome, Netherlands

Italian premiers have been given state funerals in the past, but this is the first time a national day of mourning has been called for one. Italy is ruled by a right-wing coalition of Prime Minister Giorgia Meloni's party Brothers of Italy, Matteo Salvini's League and Berlusconi's former party Forza Italia. Bindi, a woman often targeted by Berlusconi's sexist jibes, said the national day of mourning was "disrespectful towards the majority" of Italians who opposed the late leader. WREATHS AND SOCCER BANNERS[1/9] People wait for the funeral of former Italian Prime Minister Silvio Berlusconi, in Milan, Italy June 14, 2023. Hungarian Prime Minister Viktor Orban was also confirmed, but few other senior European politicians were expected.

Persons: Silvio Berlusconi, Berlusconi, Giuseppe Conte, Rosy Bindi, Giorgia, Matteo Salvini's, Donald Trump, Tomaso Montanari, Nardi, Lucia Adiele, Sergio Mattarella, Elly Schlein, Mario Draghi, Mario Monti, Paolo Gentiloni, Emir Sheikh Tamim bin Hamad, Mohammed Shia, Al Sudani, Viktor Orban, Cristiano Corvino, Angelo Amante, Alvise Armellini, Federico Maccioni, Alexandra Hudson, Gavin Jones Organizations: MILAN, Italian, Reuters, Matteo Salvini's League, Forza Italia, European Commission, Siena's University for Foreigners, REUTERS, Democratic Party, Thomson Locations: Milan's Cathedral, Milan, Italy, Altamura, Thani

☆ Italy prepares to bid farewell to Berlusconi with grand funeral
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

[1/5] A person leaves a letter among flowers and football memorabilia near Villa San Martino, the residence of former Italian Prime Minister Silvio Berlusconi, to which his body was transported following his death, in Arcore near Milan, Italy, June 13, 2023. REUTERS/Yara NardiMILAN, June 13 (Reuters) - Italy was preparing on Tuesday to bid farewell to former premier Silvio Berlusconi, a scandal-prone billionaire who dominated the country's politics, business and soccer world for at least three decades. "Italy without Berlusconi," the country's largest circulation newspaper, Corriere della Sera, wrote on its front page, dedicating more than 30 pages of coverage to the event. Corriere said Berlusconi had been well enough to watch on television Saturday's Champions League soccer final between Inter Milan and Manchester City. Prime Minister Giorgia Meloni said in a TV interview on Monday that she had spoken "at length" with him that day.

Persons: Silvio Berlusconi, Nardi, Berlusconi, Sera, Corriere, Giorgia Meloni, Antonio Tajani, Tajani, Berlusconi's, Giuliano Urbani, Meloni's, Sergio Mattarella, Alvise, Ed Osmond Organizations: Italian, REUTERS, AC Milan, Monza, Saturday's Champions League, Inter Milan, Manchester City, Berlusconi's Forza Italia, Forza, La Repubblica, Meloni's Brothers, Thomson Locations: Villa San, Arcore, Milan, Italy, Nardi MILAN, Raffaele, Milan's, Washington

The pan-European STOXX 600 index (.STOXX) closed 0.2% higher, with the DAX (.GDAXI) up 0.9%. Luxury majors LVMH (LVMH.PA) and Hermes (HRMS.PA) climbed 1.8% and 3%, respectively, further supporting the STOXX 600. Meetings of the U.S. Federal Reserve, the European Central Bank and the Bank of Japan are lined up for the week. The STOXX 600 started the year on a stronger footing compared to the S&P 500 index (.SPX) but lost steam during the second quarter due to a rise in preference for growth-oriented stocks as opposed to value stocks. Shares in SES tumbled 14.6% to the bottom of the STOXX 600 after the satellite company announced its chief executive Steve Collar would step down.

Persons: BOJ, Bernstein, DAX, Lionel Messi's, Hermes, Daniela Hathorn, Sergio Ermotti, he’s, Michael Hewson, Silvio Berlusconi, Steve Collar, Shreyashi Sanyal, Bansari, Eileen Soreng Organizations: Fed, ECB, Adidas, UBS, CS, Inter Miami, U.S . Federal Reserve, European Central Bank, Bank of Japan, Credit Suisse, CMC Markets, MEDIAFOREUROPE, Italian, Novartis, Seattle, Chinook Therapeutics, SES, BNP, Exane, Thomson Locations: Europe, Bengaluru

MILAN, June 12 (Reuters) - Silvio Berlusconi, the billionaire media mogul and former Italian prime minister who transformed the nation's politics with polarising policies and often alarmed his allies with his brazen remarks, died on Monday aged 86. Berlusconi, Italy's longest-serving premier who counted Russian President Vladimir Putin as a friend and gained notoriety for his "bunga bunga" sex parties, had suffered from leukaemia and recently developed a lung infection. Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition, and although he himself did not have a role in government, his death is likely to destabilise Italian politics in the coming months. Farewell Silvio," Italian Prime Minister Giorgia Meloni said. After building a television empire in the 1980s, Berlusconi threw himself into politics in 1994 and almost immediately became prime minister.

Persons: Silvio Berlusconi, Berlusconi, Italy's, Vladimir Putin, Paolo, ANSA, Giorgia Meloni's, Marina, Silvio, Giorgia Meloni, Enrico Letta, Putin, Emilio Parodi, Elvira Pollina, Alvise Armellini, Edmund Blair Organizations: MILAN, Berlusconi's Forza Italia, Twitter, Milan bourse, Forza Italia, Monza, Serie, Thomson Locations: San Raffaele, Milan, Italy, Italian, Ukraine, Moscow, Kyiv

☆ Italy's former PM Berlusconi in hospital for leukaemia scheduled checks
▼ + stars: | 2023-06-09 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +3 min

Berlusconi, 86, left San Raffaele Hospital last month after six weeks of treatment for a lung infection linked to a chronic myelomonocytic leukaemia, a type of cancer that affects the white blood cells. "Silvio Berlusconi is currently at the San Raffaele Hospital to undergo scheduled tests in connection with his known hematological pathology," the San Raffaele hospital bulletin signed by doctors Alberto Zangrillo and Fabio Ciceri said. Berlusconi served as prime minister in 1994-1995, 2001-2006 and 2008-2011 and although he does not have a direct role in government, his Forza Italia party is a member of Prime Minister Giorgia Meloni's right-wing coalition. A source from Forza Italia said Berlusconi might spend the night in hospital, after local media reports that he would stay there overnight. "Come on, Silvio," Deputy Prime Minister Matteo Salvini, one of Berlusconi's main political allies, wrote in an Instagram post, commenting on the news of Berlusconi's hospitalisation.

Persons: Silvio Berlusconi, Berlusconi, Alberto Zangrillo, Fabio Ciceri, Giorgia Meloni's, Matteo Salvini, Berlusconi's, Salvini, Angelo Amante, Emilio Parodi, Federico Maccioni, Stefano Bernabei, Toby Chopra, Nick Macfie, William Maclean Organizations: MILAN, Italian, San Raffaele, Forza Italia, Saturday, Salvini's League, Thomson Locations: Milan, Raffaele

☆ Meta, Italy's Mediaset sign deal against online piracy
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: 1 min

MILAN, March 29 (Reuters) - Italy's top commercial broadcaster MFE-Mediaforeurope (MFEB.MI) said on Wednesday its unit Mediaset had partnered up with Facebook owner Meta Platforms (META.O) to fight online piracy. Under the multi-year partnership, Mediaset will work with Meta to implement a set of tools and systems to protect its unit Reti televisive Italiane (RTI)'s copyrighted content, including live broadcasts. Meta will also provide RTI with training and support to make the most effective use of the U.S. group's 'Rights Manager' tool to allow the Italian company to authorise, manage and protect its content. Reporting by Federico Maccioni, editing by Cristina CarlevaroOur Standards: The Thomson Reuters Trust Principles.

☆ Czech group PPF takes 9.1% stake in Germany's ProSiebensat.1
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +1 min

PRAGUE/BERLIN, Feb 21 (Reuters) - Czech investment group PPF has taken a 9.1% stake in ProSiebensat.1 (PSMGn.DE), PPF said on Tuesday, becoming the German broadcaster's second-largest investor behind Italy's MFE-MediaforEurope (MFEB.MI). "PPF believes the digital transformation of ProSieben will create value for all shareholders," privately-owned PPF said in a statement. "PPF is looking forward to liaising with the management and supervisory board of ProSieben in this digitalization process." The group, which also owns the CME group that operates dozens of channels in six central and east European markets, is now controlled by Kellner's widow, Renata Kellnerova. Reporting by Jan Lopatka, Klaus Lauer and Christoph Steitz Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Berlusconi-backed MFE notifies Austrian watchdog about Prosiebensat.1 holding
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +2 min

ZURICH, Dec 18 (Reuters) - Italian businessman Silvio Berlusconi family's MediaForEurope NV vehicle has notified the Austrian competition authority about the "acquisition of de facto sole control of ProSiebenSat1 Media DE Deutschland" (PSMGn.DE), the competition watchdog said. MFE had no comment on the notification, which was first reported by German media portal DE24LIVE. The announcement, dated Dec. 13 on the Austrian regulator's website was made because ProSieben also operates in German-speaking Austria. MFE, controlled by the former Italian prime minister's family, has built, partly through derivatives, a 29.9% voting stake in its German rival, cementing its position as single biggest shareholder. "We haven't really seen ProSieben address the big challenges the industry faces: audience decline, digital transformation ... and the need for scale to compete with digital giants," MFE finance chief Marco Giordani told analysts.

☆ European shares pulled down by Mercedes, defence stocks up after Poland blast
▼ + stars: | 2022-11-16 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +3 min

SummarySummary Companies Mercedes slides on report of China EV price slashesEuropean autos sector eyes worst day in nearly 7 weeksBiden says missile that hit Poland may not have come from RussiaNov 16 (Reuters) - European shares fell on Wednesday, with Mercedes Benz Group leading losses in automobiles stocks, while a blast in Poland kept sentiment subdued and pushed up defence stocks. The pan-European STOXX 600 (.STOXX) index fell 0.4% by 0924 GMT. Auto stocks (.SXAP) tumbled 2.8% to lead sectoral declines, and were headed for their biggest one-day percentage fall in almost seven weeks. The European aerospace and defence (.SXPARO) sector climbed 0.9% following news of the blast. Multiple data points signalled a euro zone recession amid the European Central Bank's aggressive monetary tightening cycle to control record-high inflation.

☆ ProSiebenSat.1 interested in Sky TV operations in Germany - sources
▼ + stars: | 2022-11-09 | by ( Andreas Rinke | Miranda Murray | ) www.reuters.com time to read: +1 min

BERLIN/MILAN, Nov 9 (Reuters) - German media group ProSiebenSat.1 (PSMGn.DE) is exploring a potential deal to buy into Sky's pay-TV operations in Germany, two sources close to the matter said on Wednesday. Comcast (CMCSA.O), which acquired Sky Deutschland as part of a $40 billion buyout of European pay-TV broadcaster Sky in 2018, did not immediately respond to request for comment. Comcast is working with advisory firm PJT Partners as it is weighing a disposal of the German business, the sources said. One of the sources said there were limited synergies between the two businesses, given that ProSiebenSat.1's TV business was driven by advertising. European broadcasters are struggling to find ways to tackle increasing challenges as the continental landscape is increasing dominated by U.S. streaming giants.

☆ Factbox: Companies potentially affected by Italy's election
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +5 min

A woman walks at a polling station during the snap election in Rome, Italy September 25, 2022. read moreHere is a list of companies that could be affected by the outcome of the election. The change of government and calls by Meloni to revisit Italy's national recovery plan could threaten Italy's ability to meet the commitments to which European Union post-pandemic funds are tied. Brothers of Italy welcomed CDP's decision to wait for the election before filing its non-binding bid for TIM's network. read moreBrothers of Italy has called for the new government to be allowed to make a final decision on ITA.

☆ MFE teams up with French partner to bid for TV company M6
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA view shows French television group M6 headquarters in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah MeyssonnierMILAN, Sept 23 (Reuters) - Italian broadcaster MediaForEurope (MFEB.MI) has submitted a non-binding offer for a controlling stake in French TV company M6 (MMTP.PA), two sources familiar with the matter said on Friday. Milan-listed MFE, owned by the family for former Italian prime minister Silvio Berlusconi, has teamed up with a French industrial partner which is not currently present in the TV sector, the sources said, without elaborating. Initial offers for RTL's 48.3% stake in M6 were expected by Friday afternoon after a planned tie-up between the company and fellow French broadcaster TF1 collapsed last week. Register now for FREE unlimited access to Reuters.com RegisterReporting by Elvira Pollina, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.

BERLIN/FRANKFURT, Sept 22 (Reuters) - Initial offers for RTL's 48% stake in French TV channel M6 are expected by Friday after a failed tie-up with France's TF1 broadcaster, a person familiar with the matter said. RTL has been "inundated" with expressions of interest in the M6 stake since TF1 and M6 called off their planned merger last week, its boss Thomas Rabe told the Financial Times on Thursday. Other potential buyers include French media group Vivendi (VIV.PA) and Altice, owned by billionaire Patrick Drahi, alongside Italian media conglomerate MediaForEurope (MFE), Reuters reported on Monday. If RTL wants to sell M6, a deal must be completed by spring 2023, because M6's broadcasting license comes up for renewal in May. In March 2021, when Bertelsmann confirmed talks to sell its stake, French media reported the RTL's stake was worth 1.5 billion euros ($1.48 billion), valuing all of M6 at around 3 billion euros.

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