MFE-MediaForEurope, the new holding business formed by Mediaset under the Dutch registered umbrella company, has received a positive note from equity analysts at Berenberg Bank. MFE-MediaForEurope released a preliminary alert as to its expected financials (themselves due in full towards the end of April) and these, says the bank, appeared to be well ahead of […]
Netherlands-based MFE-MediaforEurope (former Mediaset) has posted 2021 net consolidated revenues of €2.91 billion, up 11 per cent on 2020. Net profit in the period increased 169 per cent, year on year, to €374 million, almost double the pre-Covid level of 2019. In Italy, consolidated net revenues amounted to €2.04 billion (+13 per cent), while net […]
Mediaset announced its new name over the weekend, and at the same time explained to shareholders and investors how the new Amsterdam business would be structured. In essence it has introduced a dual share class structure with different voting rights in order to have greater flexibility to finance future M&A transactions. The name change into […]
The Board of Directors of Mediaset has admitted that the MFE ‘MediaForEurope’ project cannot be implemented and is seeking alternatives. This follows the sentence issued by the Court of Madrid that rejected the appeal by Mediaset Espana requesting the removal of the suspension of the cross-border merger plan. According to the Italian broadcaster, the project […]