MDIUY - Mediaset S.p.A.

Other OTC - Other OTC Delayed Price. Currency in USD
5.56
0.00 (0.00%)
At close: 3:33PM EDT
Stock chart is not supported by your current browser
Previous Close5.56
Open5.56
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.56 - 5.56
52 Week Range4.88 - 9.90
Volume290
Avg. Volume209
Market Cap2.31B
Beta (5Y Monthly)1.39
PE Ratio (TTM)19.93
EPS (TTM)0.28
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 19, 2016
1y Target EstN/A
  • ProSieben shares rally after CEO Conze's departure
    Reuters

    ProSieben shares rally after CEO Conze's departure

    MUNICH/BERLIN (Reuters) - Shares in ProSiebenSat.1 Media <PSMGn.DE> rallied by 9% on Friday after the abrupt departure of Chief Executive Officer Max Conze ended a drama-filled tenure that unraveled after his deputy denounced a "soap opera" at the German broadcaster. ProSieben announced in a late-night statement that Conze, 50, was leaving with immediate effect and Chief Financial Officer Rainer Beaujean - who joined last July from a packaging company - would also assume his responsibilities. In a statement issued after a supervisory board meeting on Thursday evening, Beaujean said ProSieben "will now return to focusing more strongly on our core segment of entertainment and on sustainably profitable business".

  • Reuters

    Vivendi files appeal against Milan court OK to Mediaset revamp

    France's Vivendi <VIV.PA> has filed an appeal against a decision by a Milan judge to clear the way for a planned reorganization at Mediaset <MS.MI>, Italy's biggest commercial broadcaster said on Thursday. Mediaset <MS.MI> wants to merge its Italian and Spanish <TL5.MC> businesses into a Dutch unit, dubbed MediaforEurope (MFE). Vivendi, which owns 29% stake in the media group controlled by the family of former Prime Minister Silvio Berlusconi, is challenging the plan in courts across Europe, saying the new governance set-up would harm minority shareholder interests.

  • Regulators should allow RTL and ProSieben to merge: Rabe
    Reuters

    Regulators should allow RTL and ProSieben to merge: Rabe

    The head of publisher Bertelsmann <BTGGg.F> said its TV arm RTL <RRTL.DE> should be allowed to merge with German rival ProSiebenSat.1 <PSMGn.DE>, to give them a fighting chance against U.S. streaming giants. Thomas Rabe's comments - in an interview with Frankfurter Allgemeine Sonntagszeitung published on Sunday - come as European broadcasters explore ways to join forces against the onslaught from established players Netflix and Amazon Prime that are now being joined by Disney and Apple. "Otherwise, national companies will simply have no chance in a few years against the giants from Silicon Valley," added the Bertelsmann boss, who took personal charge over its largest unit RTL last year.

  • Mediaset set to win more time to complete merger of Italy, Spain units: sources
    Reuters

    Mediaset set to win more time to complete merger of Italy, Spain units: sources

    Mediaset <MS.MI> will submit revised plans to merge its Italian and Spanish broadcasting units <TL5.MC> under a Dutch entity to authorities in the Netherlands, securing a six-month extension to complete the project, two sources familiar with the matter said. The extension could help the group deal with any potential delay triggered by shareholder Vivendi's <VIV.PA> legal challenges to the merger. Mediaset, controlled by the family of former Italian Prime Minister Silvio Berlusconi, wants to merge the units under a Dutch holding company, called MediaforEurope (MFE), to pursue a European growth strategy.

  • Vivendi may take further legal action against Mediaset in pan European merger
    Reuters

    Vivendi may take further legal action against Mediaset in pan European merger

    French media group Vivendi may take further legal action against Italy's Mediaset if it continues with a plan to merge its Italian and Spanish units, Vivendi's representative in Mediaset Espana Vincent Vallejo said on Wednesday. Controlled by the family of former Italian prime minister Silvio Berlusconi, Mediaset approved a merger of its Italian and Spanish units under a Dutch holding company called MediaforEurope (MFE) last September.

  • Reuters

    Italy judge sets Feb 1 date for Vivendi request to suspend Mediaset TV project

    A Milan-based judge set Feb. 1 as the date for a new hearing for a request by France's Vivendi to suspend a corporate overhaul at Italy's top commercial broadcaster Mediaset, two legal sources said on Tuesday. 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).

  • Reuters

    Mediaset approves changes to keep pan-European TV plan afloat

    Italy's Mediaset on Friday won shareholder approval for governance tweaks needed to smooth a pan-European expansion plan despite opposition from its second-biggest investor Vivendi, which is fighting the project in court. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, Mediaset last year approved a plan to merge its businesses in Italy and Spain under a Dutch-based company, called MediaForEurope (MFE).

  • Reuters

    Italian court turns down Vivendi's request to suspend freeze on Mediaset stake

    An Italian court has thrown out a request by Vivendi <VIV.PA> to suspend a ruling forcing it to freeze two-thirds of its stake in Italian broadcaster Mediaset <MS.MI>, a court document showed on Thursday. The decision comes a day before a Mediaset shareholder meeting to vote on governance tweaks to a Dutch holding company set up by Mediaset to pursue tie-ups with European peers.. Vivendi opposes Mediaset's plans on the grounds the changes would give Mediaset's main shareholder, the Berlusconi family, too much power.

  • Bosses of Mediaset and ProSieben hold 'constructive' talks - sources
    Reuters

    Bosses of Mediaset and ProSieben hold 'constructive' talks - sources

    BERLIN/MILAN (Reuters) - The bosses of Mediaset <MS.MI> and ProSiebenSat.1 Media <PSMGn.DE> held what sources on both sides called constructive talks on Monday, in the first top-level meeting since the Italian broadcaster took a 15% stake in its German counterpart. Mediaset is seeking to persuade Munich-based ProSieben to join MediaForEurope, a Dutch holding company that it is creating as a vehicle for the European TV industry to consolidate and fight back against a viewer grab by U.S. streaming giants like Netflix <NFLX.O> and, coming soon, Disney+ <DIS.N>. ProSieben, however, sees little to be gained from cross-border integration and instead wants to explore ways to team up at the operational level.

  • Reuters

    UPDATE 1-Mediaset and Vivendi's court hearing set for Dec. 6

    An Italian judge will hear Vivendi's request to block Mediaset's pan-European television project on Dec. 6, the Italian broadcaster said on Monday, after the companies failed to settle their differences out of court last week. The two groups, locked in a series of legal battles, have clashed over the Mediaset's plan to create a cross border TV champion by merging its Italian and Spanish businesses under a Dutch holding company. The judge confirmed that the merger process will remain on hold until the court rules in the case, Mediaset said in a statement.

  • ProSieben CEO sees no merit in merger with Mediaset - Sueddeutsche Zeitung
    Reuters

    ProSieben CEO sees no merit in merger with Mediaset - Sueddeutsche Zeitung

    German broadcaster ProSiebenSat.1 sees no merit in a potential merger with top shareholder Mediaset, its chief executive told a newspaper. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, Mediaset now holds 15.1% of ProSieben and could raise that stake to just below 20%, a source told Reuters last month. "I'm very sceptical with regard to a structural merger of our companies," ProSieben Chief Executive Max Conze told Sueddeutsche Zeitung in an interview.

  • Judge to rule on Vivendi request to halt Mediaset European TV plan
    Reuters

    Judge to rule on Vivendi request to halt Mediaset European TV plan

    MILAN/PARIS (Reuters) - An Italian judge will decide on Vivendi's <VIV.PA> request to block Mediaset's <MS.MI> pan-European television project after the two groups failed to settle their long-running dispute, a legal source said on Friday. The case has become a tussle between billionaires over the future of European TV as competition grows from streaming services from the likes of Netflix <NFLX.O> and Amazon <AMZN.O>. Mediaset is backed by the family of former Italian Prime Minister Silvio Berlusconi while its 29% shareholder Vivendi <VIV.PA> is led by Vincent Bollore.

  • Reuters

    UPDATE 4-Judge to rule on Vivendi request to halt Mediaset European TV plan

    MILAN/PARIS, Nov 29 (Reuters) - An Italian judge will decide on Vivendi's request to block Mediaset's pan-European television project after the two groups failed to settle their long-running dispute, a legal source said on Friday. The case has become a tussle between billionaires over the future of European TV as competition grows from streaming services from the likes of Netflix and Amazon. Mediaset is backed by the family of former Italian Prime Minister Silvio Berlusconi while its 29% shareholder Vivendi is led by Vincent Bollore.

  • Mediaset, Vivendi still locked in talks as Friday deadline arrives
    Reuters

    Mediaset, Vivendi still locked in talks as Friday deadline arrives

    MILAN/PARIS (Reuters) - Italian broadcaster Mediaset <MS.MI> and shareholder Vivendi <VIV.PA> were still negotiating on Friday to find a deal to end a three-year legal battle after all-night talks failed to find a breakthrough, sources said. Mediaset's board has called a meeting to examine the details of a possible deal, the sources said, as the two sides face a Friday deadline set by a judge in Milan to settle their differences. Mediaset and Vivendi are locked in a series of disputes and recently fell out over the Italian broadcaster's plans to create a pan-European TV champion through a Dutch-based holding company called MediaForEurope (MFE).

  • Mediaset and Vivendi near deal to end legal stand-off - sources
    Reuters

    Mediaset and Vivendi near deal to end legal stand-off - sources

    MILAN/PARIS (Reuters) - Mediaset and Vivendi are close to ending a long-running legal stand-off with a deal that would see the French group sell a 20% stake in the Italian broadcaster, four sources said on Thursday, less than 24 hours ahead of a court-imposed deadline. The two media groups have been locked in a series of legal disputes for more than three years and recently fell out over Mediaset's plans to create a pan-European TV champion. A deal would free Mediaset <MS.MI> to press ahead with merging its Italian and Spanish units into a Dutch holding company.

  • Reuters

    Mediaset-Vivendi peace talks set to go to the wire - sources

    Italian broadcaster Mediaset and its second-biggest shareholder Vivendi are still at odds over details of an agreement to end a three-year legal war, four sources said on Thursday, less than 24 hours ahead of a court-imposed deadline. The two media groups are locked in a series of disputes, including over Mediaset's plans to create a pan-European TV champion through the merger of its Italian and Spanish units into a Dutch holding company called MediaForEurope (MFE). Since then, lawyers on both sides have been working to come up with a draft compromise that could see MFE buy back two-thirds of Vivendi's 29% stake in Mediaset, sources have said.

  • Mediaset CEO upbeat on reaching accord with Vivendi
    Reuters

    Mediaset CEO upbeat on reaching accord with Vivendi

    The head of Italian broadcaster Mediaset is upbeat about reaching a deal to end a three-year legal battle with major shareholder Vivendi, providing the French media giant does not move the goalposts. Vivendi and Mediaset are locked in a series of legal spats including over the Italian firm's plans to create a pan-European TV champion through the merger of its Italian and Spanish units into a Dutch holding company called MediaForEurope (MFE). Vivendi, Mediaset's No. 2 shareholder, fears the plans to set up MFE would give too much power to the Italian group's main shareholder Fininvest, which is owned by the family of former Prime Minister Silvio Berlusconi.

  • Reuters

    UPDATE 1-Mediaset CEO upbeat on reaching accord with Vivendi

    The head of Italian broadcaster Mediaset is upbeat about reaching a deal to end a three-year legal battle with major shareholder Vivendi, providing the French media giant does not move the goalposts. Vivendi and Mediaset are locked in a series of legal spats including over the Italian firm's plans to create a pan-European TV champion through the merger of its Italian and Spanish units into a Dutch holding company called MediaForEurope (MFE). Vivendi, Mediaset's No. 2 shareholder, fears the plans to set up MFE would give too much power to the Italian group's main shareholder Fininvest, which is owned by the family of former Prime Minister Silvio Berlusconi.

  • Judge leaves door open for Mediaset, Vivendi to reach agreement
    Reuters

    Judge leaves door open for Mediaset, Vivendi to reach agreement

    A Milan judge gave Italian broadcaster Mediaset <MS.MI> and its shareholder Vivendi another week to settle a dispute over plans for a Dutch-based holding to drive Mediaset's European growth, potentially opening the way to ending a three-year legal battle. Vivendi <VIV.PA>, Mediaset's second-biggest shareholder had challenged the pan-Europe TV plan in court, asking the judge to suspend the deal, which it fears would hand too much control to Mediaset's main shareholder, Fininvest, the holding company of former Prime Minister Silvio Berlusconi. Failure to reach a deal over its pan-European plan could complicate Mediaset's efforts to tackle increasing competition from streaming services such as Netflix <NFLX.O> and Amazon Prime <AMZN.O>.

  • Vivendi ready to sell part of Mediaset stake at a loss to end legal row: sources
    Reuters

    Vivendi ready to sell part of Mediaset stake at a loss to end legal row: sources

    French media group Vivendi <VIV.PA> is prepared to sell part of its stake in Mediaset <MS.MI> at a loss in an attempt to reach a deal to end years of bitter legal disputes with the Italian broadcaster, two sources close to the matter said on Thursday. One of the sources said that in order "to show its goodwill" Vivendi was prepared to sell the Mediaset shares held by its Simon Fiduciaria trustee at a price of 3.25 euros each. Vivendi, which is also a leading investor in Italy's former phone monopoly Telecom Italia <TLIT.MI>, holds a 20% stake in Mediaset through Simon Fiduciaria to comply with a ruling by Italy's telecoms watchdog.

  • Reuters

    Mediaset, Vivendi struggling to clinch deal to end legal war - sources

    Italian broadcaster Mediaset and its second biggest shareholder Vivendi are struggling to reach a deal to end a long-running legal battle as a court-imposed deadline nears, four sources close to the matter said. A Milan court gave the two parties until Nov. 22 to attempt to reach a compromise after Vivendi challenged a plan by Mediaset to set up a Dutch holding company to pursue expansion in Europe. Failure to reach a deal would likely complicate the pan-European project by Mediaset, which is controlled by the family of former Italian Prime Minister Silvio Berlusconi.

  • Vivendi may cut Mediaset stake in deal to end legal tussles: sources
    Reuters

    Vivendi may cut Mediaset stake in deal to end legal tussles: sources

    Vivendi <VIV.PA> could reduce its holding in Italian broadcaster Mediaset <MS.MI> in a potential deal to end a long-running legal row between the two companies, three sources close to the matter said on Friday. Such a deal would help a European expansion plan by the broadcaster controlled by the family of former Italian prime minister Silvio Berlusconi, which is opposed by the French media group led by billionaire Vincent Bollore. Mediaset is trying to create a pan-European TV champion known as MediaForEurope, to take on competition from streaming app services like Netflix <NFLX.O>.

  • ProSieben says merger with Mediaset wouldn't work
    Reuters

    ProSieben says merger with Mediaset wouldn't work

    German broadcaster ProSiebenSat.1 <PSMGn.DE> is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy's Mediaset <MS.MI> raised its shareholding. "I worry that if you spend your time in combining pretty unwieldy and big companies, you're going to get sucked into years of structural work that doesn't really build the future," Conze told the Morgan Stanley European Technology, Media and Telecoms Conference in Barcelona. Controlled by the family of former Prime Minister Silvio Berlusconi, Mediaset now holds 15.1% of ProSieben after it bought a 5.5% stake on Monday through its Spanish unit Mediaset Espana <TL5.MC>.

  • Italy’s Mediaset hikes stake in ProSieben in pan-Europe TV drive
    Reuters

    Italy’s Mediaset hikes stake in ProSieben in pan-Europe TV drive

    Italy's top commercial broadcaster Mediaset has raised its stake in German rival ProSiebensat.1 to 15.1% as it presses ahead with plans to create a pan-European TV platform to tackle slow growth and stiffer competition. In a statement on Monday, Mediaset said its Spanish unit Mediaset Espana had bought a further 5.5% stake in ProSiebenSat.1, worth 170 million euro ($187 million) at Monday's market prices. The Milan-based company, which is controlled by the family of former Italian Prime Minister Silvio Berlusconi, had bought a 9.6% stake earlier this year.

  • Mediaset, Vivendi in talks to resolve row over TV project: sources
    Reuters

    Mediaset, Vivendi in talks to resolve row over TV project: sources

    Italian broadcaster Mediaset <MS.MI> and its hostile shareholder Vivendi <VIV.PA> are in talks about ways to overcome a dispute over the governance of Mediaset's planned pan-European TV reorganization, two sources close to the matter said on Tuesday. Should the two sides reach a deal, it would mark the first thaw in a long-running legal fight between the broadcaster owned by the family of former Prime Minister Silvio Berlusconi and the French media group led by billionaire Vincent Bollore. The reorganization by Italy's top commercial broadcaster aims to create a new holding company, called MediaforEurope, to pursue pan-European tie-ups and meet rising competition in the industry as growth stalls in Mediaset's domestic market.