Telecom Italia reaches content-sharing deal with Mediaset

May 10, 2018

Telecom Italia has announced a content-sharing agreement with Mediaset, Italy's largest private broadcaster, as the former telecom monopoly pushes ahead with its plan to improve digital content after a boardroom shakeup.

Telecom Italia said Thursday the deal will allow subscribers to watch Mediaset's free-to-air channels and have access to the previous week's programing posted on-line.

The deal is part of Telecom Italia CEO Amos Genish's plan to expand . Genish was confirmed as CEO this week after the biggest shareholder, Vivendi, lost control of the board to activist hedge fund Elliott last week.

Vivendi acquired a 24 percent stake in Telecom Italia and 30 percent of Mediaset with the aim of creating a major Italian media holding, but a to take over Mediaset has fallen in dispute.

Explore further: US hedge fund wrests Telecom Italia control from Vivendi

Related Stories

US hedge fund wrests Telecom Italia control from Vivendi

May 4, 2018

French media group Vivendi lost de facto control of Telecom Italia on Friday when a U.S. activist hedge fund won a majority of seats on the former state monopoly's board in a dramatic shareholders' showdown that also raised ...

Amos Genish confirmed as CEO of Telecom Italia

May 7, 2018

Israeli Amos Genish was on Monday confirmed as chief executive officer of Telecom Italia, by the new board of directors, after US hedge fund Elliott Management won control of the company following a power struggle with French ...

Telecom Italia board hangs up, dials battle for control

March 22, 2018

Eight members of Telecom Italia's board of directors resigned on Thursday, triggering a re-election of the entire board as an activist investor fund has challenged the control over the company by France's Vivendi.

Recommended for you

Archaeologists discover Incan tomb in Peru

February 16, 2019

Peruvian archaeologists discovered an Incan tomb in the north of the country where an elite member of the pre-Columbian empire was buried, one of the investigators announced Friday.

Where is the universe hiding its missing mass?

February 15, 2019

Astronomers have spent decades looking for something that sounds like it would be hard to miss: about a third of the "normal" matter in the Universe. New results from NASA's Chandra X-ray Observatory may have helped them ...

What rising seas mean for local economies

February 15, 2019

Impacts from climate change are not always easy to see. But for many local businesses in coastal communities across the United States, the evidence is right outside their doors—or in their parking lots.

The friendly extortioner takes it all

February 15, 2019

Cooperating with other people makes many things easier. However, competition is also a characteristic aspect of our society. In their struggle for contracts and positions, people have to be more successful than their competitors ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.