A PYMNTS Company

Italy: Media merger joins Repubblica and La Stampa

By  |  March 3, 2016

Fiat Chrysler and CIR Holding announced on Wednesday they were merging their editorial groups, bringing top Italian dailies La Repubblica and La Stampa under one roof.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The deal would create “a leading European group in the daily and digital information industry,” CIR said in a statement, adding that the merger would be complete by June 30th and the dailies would keep their titles.

    The most significant consolidation in Italy’s struggling print media sector since digitalization unites the production of country’s third and fourth-best selling papers.

    La Repubblica, founded in 1976, has a left-leaning perspective while La Stampa, first published in 1867 in industrial Turin in Italy’s north-west, is considered the voice of the billionaire Agnelli family, founders of the Fiat car maker.

    Full content: The Local

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