trending Market Intelligence /marketintelligence/en/news-insights/trending/MuMxKLPUNK_oXHAbrD858Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Vivendi inks strategic agreement with Mediaset


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

TMT News & Research: 2020 Recap

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic

Vivendi inks strategic agreement with Mediaset

Vivendi SAentered into an agreement with MediasetGroup to create an international over-the-top television delivery platform.

Pursuant to the agreement, 3.5% of Vivendi's share capital willbe exchanged for 3.5% of Mediaset's share capital and 100% of the share capitalof the Mediaset Premium pay TV company.

The two companies also will jointly develop initiatives for audiovisualcontent.

The deal was reportedin early April and was initially deniedby Mediaset.

With the agreement, Vivendi aims to expand its foothold in southernEurope using Mediaset's Italy and Spain presence. Vivendi's footprint in the Europeanpay TV scene increases to more than 13 million individual global subscribers.

The transaction is subject to regulatory approval but is expectedto close in coming months.