A PYMNTS Company

Italian Judge to Rule on Mediaset’s TV Project Next Week

By  |  February 3, 2020

An Italian judge is set to decide as early as next week on a request by French media group Vivendi to suspend a planned reorganization at Italian broadcaster Mediaset, reported The New York Times. 

The judge did not provide a deadline for the decision, but a ruling is expected in the coming days, the sources said. 

Controlled by the family of former Italian Prime Minister Silvio Berlusconi, Mediaset wants to merge its Italian and Spanish units into a Dutch entity, dubbed MediaforEurope (MFE). 

But Vivendi, which is Mediaset’s second largest shareholder with a 29% stake, is fighting the project in courts across Europe, claiming the governance structure of the new entity would strengthen Berlusconi’s grip on the company.

Full Content: New York Times

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.