MFE-MediaForEurope has reported a net profit at group level of €216.9 million, down from €374.1 million in 2021 but an increase of 14 per cent on the pre-Covid 2019. Net profit at parent company MFE was €27.4 million, a significant drop on the net profit of €214.1 million a year earlier. Consolidated net revenues amounted […]
Berlusconi family-controlled MediaForEurope (MFE) is looking to take majority control of German commercial broadcaster ProSiebenSat.1. MFE filed its formal notification at Austria’s Federal Competition Authority (Bundeswettbewerbsbehörde) on December 13th. The filing talks about the “acquisition of de facto sole control” of the German media business. Investment bank Exane/BNPP suggests this could be a difficult move […]
German commercial free-to-air broadcaster ProSiebenSat.1 Media issued reduced guidance for its Full Year revenues and financials on October 28th. The news prompted analysts at investment bank Berenberg to review its own position and advice. The bank also suggested that ProSiebenSat.1’s conversations with MediaForEurope (MFE) might “now accelerate”. Berenberg maintains its “HOLD” advice. “While the magnitude […]
Despite a context of geo–political and economic crises, characterised by increased inflation, an energyemergency and a fall in consumer confidence, MFE – MediaForEurope has reported its accounts in the first six months of 2022 were not significantly affected thanks to “an immediate response by management”. Consolidated net revenues were up compared with the same period […]
MFE-MediaForEurope has announced the appointment of Katharina Behrends as General Manager for the German speaking region (DACH). She will join the company on October 1st. Behrends will oversee MFE’s corporate engagement and activities in Germany, Austria and Switzerland. Over the past 15 years, Behrends has held several leadership positions at NBC Universal Networks, where, in […]
MediaForEurope (MFE), controlled by the family of Silvio Berlusconi, will certainly look at Channel 4 when it is put up for sale, its CFO Marco Giordani has declared. The UK government plans to sell Channel 4, but the necessary legislation still needs to be passed and it faces stiff opposition. But if it does go […]
MediaForEurope (MFE – the renamed Mediaset) has upped by 16 per cent the cash part for its bid for its own Spanish-listed subsidiary Mediaset Espana. MFE said that the share consideration was unchanged and claimed that Mediaset Espana was now recommending MFE‘s improved offer. MFE said it would offer 4.5 of its ordinary A shares […]
Media tycoon Silvio Berlusconi’s MediaforEurope (MFE) has received authorisation from Stock Market regulator CNMV (Comisión Nacional del Mercado de Valores) to control 100 per cent of Mediaset Spain . Already owner of a 55.69 per cent share, MFE is now taking 33.31 per cent at €258 million, plus a share exchange totalling a 100 per […]