Mediaset sells Telecinco shares

Italo broadcaster reduces stake to 50.1%

ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18).

Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, it said in a statement.

The Milan-based group underlined that even in the future it intends to hold a majority interest in Telecinco, which is Spain’s leading commercial broadcaster.

More TV

  • HBO Latin America Bows First Colombian

    HBO Latin America Makes First Colombian Fiction TV Series

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • Carpool Karaoke in London with Paul

    Paul McCartney Joins James Corden for Carpool Karaoke (Watch)

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • Dear White People Netflix

    'Dear White People' Renewed for Season 3 at Netflix

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • ROSEANNE - "Netflix & Pill" -

    'Roseanne' Spinoff 'The Conners' Ordered by ABC

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • Jason Bateman Ozark

    TV Roundup: 'Ozark' Season 2 Release Date, Anita Baker Wins Lifetime Achievement Award

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • Charles Krauthammer Weeks to Live

    Charles Krauthammer, Columnist and Fox News Commentator, Dies at 68

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

  • 'Better Call Saul': Rhea Seehorn, Vince

    'Better Call Saul': 10 Things We Learned About Season 4 From the AMC Summit Panel

    ROME — Italy’s Mediaset has shed a 1.9 % stake in Spanish web Telecinco which it will continue to control with a 50.1% share, the Silvio Berlusconi-controlled broadcasting company announced on Tuesday (Jan 18). Mediaset placed 4.6 million shares in Gestavision Telecinco with institutional investors at €16.65 ($ 21.6) per share, through J.P. Morgan Securities, […]

More From Our Brands

Access exclusive content