Mediaset topper Carlotti may ankle

Resignation rumors circulating, market expected to react

MILAN — One of Silvio Berlusconi’s top managers, Mediaset CEO Maurizio Carlotti, may be forced out of the commercial television empire, according to a report today in Italy’s leading daily, Corriere della Sera.

Rumors of Carlotti’s resignation have been circulating for a while. The local stock market is expected to react negatively if the reports are confirmed.

Carlotti, 47, gained a reputation as a dynamic and efficient manager while running Mediaset’s Spanish TV subsidiary Tele Cinco, which he led for four years and brought back from the brink of bankruptcy.

In July 1998 Berlusconi called him back to Italy and bestowed upon him command of Mediaset, the core business of his empire. Carlotti is flanked by Mediaset prexy and Berlusconi confidant Fedele Confalonieri.

Despite his financial achievements at Mediaset, Carlotti is, according to the report, widely resented at headquarters by the older Berlusconi loyalists, who regard him as an aggressive newcomer. One such was advertising supremo Mario Brugola, who recently ankled because of rows with Carlotti and went to work for pubcaster RAI, a Mediaset competitor.

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