Date
23 January 2018
Pier Silvio Berlusconi hopes that the common interests with Vivendi will lead to a content deal with Telecom Italia. Photo: Reuters
Pier Silvio Berlusconi hopes that the common interests with Vivendi will lead to a content deal with Telecom Italia. Photo: Reuters

Mediaset eyes Telecom Italia deal from truce with Vivendi

Mediaset’s chief executive said he hoped the shared interest over TV content with Telecom Italia could pave the way to a truce with France’s Vivendi, Reuters reports.

“TIM needs our content, it is very interested in an agreement, but there is a pending matter with their controlling shareholder Vivendi,” CEO Pier Silvio Berlusconi told Italian daily Corriere della Sera.

Berlusconi was speaking in a interview published late on Sunday.

“Let’s see if these common interests on content will help us overcome difficulties,” he said.

Mediaset and Vivendi have engaged in a legal battle since the French group last year unexpectedly backed out of a deal handing it control of the Milan group’s pay-TV unit Premium.

The rift deepened when Vivendi built up a 28.8 percent stake in Mediaset, controlled by former Prime Minister Silvio Berlusconi. Vivendi also controls TIM, with a 24 percent stake.

Sources close to the matter have said the two sides are in talks over a possible deal, with Vivendi hoping to reach an agreement before a Dec. 19 court hearing in Milan on the case.

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