Mediaset denies having received letter from Vivendi – spokesman

 Mediaset MS.MI on Thursday denied a media report saying the Italian broadcaster’s board had received a letter from the board of France’s Vivendi VIV.PA proposing a deal to settle a long-standing dispute between the two, its spokesman said.

Daily MF reported that Vivendi, the broadcaster’s second-largest shareholder, had sent a letter proposing the creation of a 50-50 European TV joint venture with Mediaset.

Vivendi could not immediately be reached for a comment.

The two companies have been locked in a fight since 2016 when Vivendi ditched an accord to buy Mediaset’s pay-TV unit and built a 29% stake which Mediaset considers hostile. Reuters

Share this:

Leave a Reply

Your email address will not be published. Required fields are marked *

33 − = 28

Stay Updated on Broadcast and CableSat.
Receive our Daily Newsletter.