SILVIO BUYS QUINTA

Berlus-crony Ben Ammar's sale disclosed

MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported.

According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale of a 44.9% stake in Quinta. Fininvest already owned a 33.4% stake. Germany’s Kirch Group is believed to hold another 10% of Quinta.

Ben Ammar is a personal friend of Berlusconi and of his former political sponsor, the now-disgraced former Socialist Party leader Bettino Craxi. Son of a former Tunisian ambassador to Rome, Ben Ammar is well-known in Italy’s TV and film industry.

Ben Ammar has often been involved as a go-between in important deals such as the acquisition of a stake in Berlusconi’s TV company Mediaset by Saudi prince Al Waleed Ben Talal. Al Waleed recently appointed Ben Ammar as his representative on the board of Mediaset.

More frequently, Ben Ammar sold film and TV shows to Italy’s TV broadcasters, both to Fininvest channels and to pubcaster RAI.

Earlier this year, he was involved in a judicial inquiry regarding Berlusconi and the alleged $6.4 million in secret money funneled by the TV tycoon to Craxi. The funds did not show up in Fininvest accounting records, but were logged in an overseas account by a Panamanian company linked to Fininvest, Milan magistrates believe.

Berlusconi has always denied any illegal payments to Craxi and claimed he used the Panamanian company to pay for TV rights to Ben Ammar’s shows. Ben Ammar has confirmed this version.

Berlusconi is currently standing trial on these charges.

More Scene

  • LOS ANGELES, CA - JUNE 22:

    SZA Holds Nothing Back in Second Show Since Vocal Injury Scare

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • 'SORRY TO BOTHER YOU'

    Why 'Sorry to Bother You' Director Boots Riley Thinks His Satirical Comedy Is 'Realistic'

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • Tesse Restaurant Opens on L.A.'s Sunset

    Tesse Restaurant Takes on the Challenge of Making the Sunset Strip Hip Again

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • Tiffany Haddish

    MTV Movie and TV Awards: The 10 Standout Moments

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • Michael B. Jordan

    'Black Panther,' 'Stranger Things' Reign at 2018 MTV Movie and TV Awards (Full List)

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • Brandon Flynn, Timothy Granaderos, Alisha Boe,

    Alisha Boe Says Brock Turner Case Was Her 'Bible' for '13 Reasons Why' Season 2

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

  • Yara ShahidiMTV Movie & TV Awards,

    Yara Shahidi, Noah Schnapp, More Talk the Dangers of Social Media at MTV Awards

    MILAN – Tunisian producer/distributor Tarak Ben Ammar has sold a majority stake in Quinta Communications to media magnate Silvio Berlusconi’s Fininvest, Italy’s daily paper Corriere della Sera has reported. According to the report, which was not confirmed by the two companies, the deal was signed some months ago and kept secret. It regarded the sale […]

More From Our Brands

Access exclusive content