http://www.repubblica.it/economia/2016/03/21/news/mediaset_vivendi_bollore_berlusconi-135954558/?ref=search
The plan to bring Bolloré-Berlusconi Mediaset under French insignia
Vivendi ready to an exchange of shares, the first step in the acquisition. And 'the great battle for the new TV. The government chooses the neutral line
ROME - The Mediaset TV could soon end up under French insignia. And be incorporated by media giant Vivendi led by financier Vincent Bollore. With the Renzi government to neutral as it has no intention to interfere in the case of agreements between private companies and listed on the Stock Exchange. According to reliable sources the talks in recent weeks between the family members of Berlusconi and the leaders of transalpine society would have already led to a agreement in principle. An exchange of shares between Vivendi and Mediaset will ratify the agreement between the two media groups at a lower level it will be developed through the management of Canal Plus of Mediaset Premium channels, and a higher level provides for the co-production of content quality that will go to arricchiere the schedules of the nascent platform Over the top (television via Internet) alternative to Netflix in Southern Europe. in short, a wide-ranging plan that was developed by Bolloré, his entourage and Silvio Berlusconi , which the threshold of 80 years is now convinced that the future of Mediaset can not be managed at home (at first had thought of starting negotiations with his "friend" but Murdoch has done to him to know he wants to focus of Time Warner). Just the resistance of children to a Mediaset dry sales have made sure that the handover takes place in a gradual and progressive. But from the beginning should also be put on paper the next steps that will bring in a few years Vivendi to control the Alfa Group and the family Berlusconi to hold a major package of French media company. All this has been warned the government of Matteo Renzi, probably by Bolloré himself in a meeting with Italian Prime Minister took place about a month ago while the opposite is the Mediaset chairman Fedele Confalonieri has said that the operation to palazzo Chigi to the study. the acceleration is occurred due to the poor performance of Mediaset Premium accounts, the pay TV to compete with Sky has secured the rights to UEFA Champions League football for the astronomical sum of 710 million over three years. The expected growth of subscribers is not occurring in the expected terms and Cologno Monzese has raised the red alert. Then the possibility that in the near future may catch on the tv on demand thanks to the tv series that Netflix but also the large digital aggregators can offer users, has made the situation even more delicate. This situation is obviously known to Bolloré as well as to its Board of Directors, averse to a deal that covers only the assumption of premium and its losses by Canal Plus. While on the other hand there is more interest by Vivendi in enter the field of Italian tv "in the clear" where Mediaset maintains a solid market share in advertising revenues (57% of the total). Pier Silvio progressively pass the levers of operational management to a team of managers who have the confidence of the French. He is in fact charged the expensive choice for Mediaset to enter the pay TV market as the second largest operator, thinking that there was room for both. But the reality has proved different, and now also weighs the choice to get out of Endemol, the producer of international content that was purchased by Mediaset in the mid-twenty-first century but with a leverage too exasperated. The great Vivendi-Mediaset design also provides a second step of not secondary importance and that regards infrastructure, that is, the television signal transmission towers. Here the government will hear his voice pushing for the TV towers owned by Ei Towers (Mediaset) are combined with those of Rai Way into a pole but should be a public majority, and then with the intervention of a type Operator Case Depositi e Prestiti or a fund linked to it. But at this point the risiko becomes even more complicated and also calls into question Telecom Italy , of which Vivendi controls the amount of relative majority, 24.9%. Telecom a year ago spun off its transmission antennas in a company called inwit, he has been listed on the stock exchange and then is selling 45% of his 60%. The final decision on the sale had to be taken last Thursday, but the board of directors has decided to take more time to better evaluate the two offers arrived, to Cellnex-F2i and that of Ei Towers (Mediaset). It 'possible that the income rationem between the CEO of Telecom Marco Patuano (which now should formalize his resignation ) and Vivendi shareholders is taken right now because the French plan to better address the sale of Inwit, perhaps even into the arms Berlusconi's company. and so the circle may close, thanks to the presence of several fronts of the French Vivendi that on one hand they buy Mediaset removing the chestnuts from the fire to the family of the founder of Forza Italy and on the other ensure the monitoring of the tlc infrastructure, which as known are comparable to a bond, produce safe and income constant in time. Leaving the public sector infrastructure related to television but which are also those with the fewest prospects of future developments. A perfect design, that Bolloré and Berlusconi, although we must see if it goes through in all its parts.
The plan to bring Bolloré-Berlusconi Mediaset under French insignia
Vivendi ready to an exchange of shares, the first step in the acquisition. And 'the great battle for the new TV. The government chooses the neutral line
ROME - The Mediaset TV could soon end up under French insignia. And be incorporated by media giant Vivendi led by financier Vincent Bollore. With the Renzi government to neutral as it has no intention to interfere in the case of agreements between private companies and listed on the Stock Exchange. According to reliable sources the talks in recent weeks between the family members of Berlusconi and the leaders of transalpine society would have already led to a agreement in principle. An exchange of shares between Vivendi and Mediaset will ratify the agreement between the two media groups at a lower level it will be developed through the management of Canal Plus of Mediaset Premium channels, and a higher level provides for the co-production of content quality that will go to arricchiere the schedules of the nascent platform Over the top (television via Internet) alternative to Netflix in Southern Europe. in short, a wide-ranging plan that was developed by Bolloré, his entourage and Silvio Berlusconi , which the threshold of 80 years is now convinced that the future of Mediaset can not be managed at home (at first had thought of starting negotiations with his "friend" but Murdoch has done to him to know he wants to focus of Time Warner). Just the resistance of children to a Mediaset dry sales have made sure that the handover takes place in a gradual and progressive. But from the beginning should also be put on paper the next steps that will bring in a few years Vivendi to control the Alfa Group and the family Berlusconi to hold a major package of French media company. All this has been warned the government of Matteo Renzi, probably by Bolloré himself in a meeting with Italian Prime Minister took place about a month ago while the opposite is the Mediaset chairman Fedele Confalonieri has said that the operation to palazzo Chigi to the study. the acceleration is occurred due to the poor performance of Mediaset Premium accounts, the pay TV to compete with Sky has secured the rights to UEFA Champions League football for the astronomical sum of 710 million over three years. The expected growth of subscribers is not occurring in the expected terms and Cologno Monzese has raised the red alert. Then the possibility that in the near future may catch on the tv on demand thanks to the tv series that Netflix but also the large digital aggregators can offer users, has made the situation even more delicate. This situation is obviously known to Bolloré as well as to its Board of Directors, averse to a deal that covers only the assumption of premium and its losses by Canal Plus. While on the other hand there is more interest by Vivendi in enter the field of Italian tv "in the clear" where Mediaset maintains a solid market share in advertising revenues (57% of the total). Pier Silvio progressively pass the levers of operational management to a team of managers who have the confidence of the French. He is in fact charged the expensive choice for Mediaset to enter the pay TV market as the second largest operator, thinking that there was room for both. But the reality has proved different, and now also weighs the choice to get out of Endemol, the producer of international content that was purchased by Mediaset in the mid-twenty-first century but with a leverage too exasperated. The great Vivendi-Mediaset design also provides a second step of not secondary importance and that regards infrastructure, that is, the television signal transmission towers. Here the government will hear his voice pushing for the TV towers owned by Ei Towers (Mediaset) are combined with those of Rai Way into a pole but should be a public majority, and then with the intervention of a type Operator Case Depositi e Prestiti or a fund linked to it. But at this point the risiko becomes even more complicated and also calls into question Telecom Italy , of which Vivendi controls the amount of relative majority, 24.9%. Telecom a year ago spun off its transmission antennas in a company called inwit, he has been listed on the stock exchange and then is selling 45% of his 60%. The final decision on the sale had to be taken last Thursday, but the board of directors has decided to take more time to better evaluate the two offers arrived, to Cellnex-F2i and that of Ei Towers (Mediaset). It 'possible that the income rationem between the CEO of Telecom Marco Patuano (which now should formalize his resignation ) and Vivendi shareholders is taken right now because the French plan to better address the sale of Inwit, perhaps even into the arms Berlusconi's company. and so the circle may close, thanks to the presence of several fronts of the French Vivendi that on one hand they buy Mediaset removing the chestnuts from the fire to the family of the founder of Forza Italy and on the other ensure the monitoring of the tlc infrastructure, which as known are comparable to a bond, produce safe and income constant in time. Leaving the public sector infrastructure related to television but which are also those with the fewest prospects of future developments. A perfect design, that Bolloré and Berlusconi, although we must see if it goes through in all its parts.