Advanced Television

MFE

MFE-MediaForEurope profit down

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 […]

April 20, 2023

MFE: “No ProSiebenSat.1 merger for now”

Italian broadcaster MFE-MediaforEurope has ruled out a complete merger with German broadcaster ProsiebenSat.1 for the time being – as well as a takeover bid – but is open to closer cooperation. Controlled by the family of former Italian Prime Minister Silvio Berlusconi, MFE has built a potential stake of 29.9 per cent in its rival […]

February 3, 2023

MFE wants control of ProSiebenSat.1

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 […]

December 20, 2022By Chris Forrester

MFE appoints Behrends to lead DACH

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 […]

September 23, 2022

Berlusconi takes control of 83% of Mediaset Spain

Italian Group Media for Europe (MFE), owned by Silvio Berlusconi, will hold 82.92 per cent of Mediaset Spain after waiving the minimum acceptance threshold standing at 85 per cent. The Group – already owner of 55.69 per cent of the Spanish company – plans to take Mediaset Spain out of the Stock Market when the […]

July 8, 2022From David Del Valle in Madrid

Berlusconi eyes Channel 4

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 […]

June 30, 2022

MFE ups Mediaset cash offer

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 […]

June 7, 2022

MFE-MediaforEurope sees net profit in Q1

The first quarter 2022 results from MFE-MediaforEurope have not been significantly impacted by the ongoing geo-political crisis and its economic consequences. Consolidated net revenues were up three per cent to €654.3 million, of which the Italian market accounted for €466.3 million (up from €450.2 million) and Spain contributed with the remaining €188 million (compared with […]

May 26, 2022From Branislav Pekic in Rome

Pro7 not keen on MFE merger

The CEO of Germany’s commercial broadcasting network ProSiebenSat.1, Rainer Beaujean, has said while that he is open to formal takeover offers, he would not believe in either a German merger with RTL nor a cross-border deal with MFE (MediaForEurope). While the former deal seems impossible to him due to the regulatory environment, he told the […]

May 4, 2022By Chris Forrester

Bank analyses MFE’s Mediaset bid

MFE-MediaForEurope, the Berlusconi-backed broadcaster, has announced a bid for the 44 per cent of Mediaset Spain that it does not own. The bid has an implied price per share of €5.60. MFE is offering cash of €1.86 per Mediaset Spain share, plus 4.5 MFE A shares per MSE share held. The implied value, at close […]

March 17, 2022