Media barons Bollore and Berlusconi team up to battle Netflix and Sky in £1.25bn bet on streaming future

Silvio Berlusconi and Vincent Bollore, two of Europe’s most powerful media barons, have agreed a €1.75bn (£1.25bn) pact to create a European rival to Netflix and stronger continental opposition to Sky. The deal is expected to be approved this evening by the directors of Mr Berlusconi’s TV company Mediaset. It will see Mr Bollore’s French media giant Vivendi take full control of Mr Berlusconi’s Mediaset Premium. The loss-making pay-TV arm owns rights to top-flight Italian football and competes with Sky Italia

read more

BSkyB to pay up to £7.4bn to acquire European sister companies

BSkyB has agreed to pay up to £7.4bn to acquire its European sister companies, opening the way to the biggest transformation in its 25-year history. The move will create one of Europe’s largest pay-TV providers, with the ability to invest more in internet technology and potentially to bid for sports and entertainment rights on a […]

read more