You will be redirected back to your article in seconds

Vivendi’s CEO Arnaud de Puyfontaine Appointed Exec Chairman of Telecom Italia

PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday.

Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by Brittany-born billionaire Vincent Bolloré (pictured above with De Puyfontaine).

The appointment comes two days after the European Commission allowed Vivendi to gain de facto control over Telecom Italia. Vivendi pledged to sell Telecom Italia’s stake in Persidera, the broadcasting company, in order to win the approval of the European Commission’s antitrust board.

With stakes in Persidera on top of Mediaset (two major Italian broadcasters), “Vivendi would have had an incentive to raise prices charged to TV channels in the market for wholesale access to digital terrestrial television networks,” stated the E.U. antitrust board in its ruling.

De Puyfontaine will continue to serve as CEO, Vivendi, the parent company of Canal Plus Group, Universal Music Group and Dailymotion, among other companies.

More Biz

  • Transformers Bumblebee Superhero Girl

    Hasbro and DC Comics Settle 'Bumblebee' Trademark Dispute

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • Terry Crews

    Terry Crews' Ex-Social Media Manager Claims Actor Defamed Him, Owes Him $1 Million

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • David Nevins, President & CEO of

    Listen: Showtime's David Nevins on How Streaming Has Changed the Game

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • Ajit Pai FCC

    Why a Few Derailments Won't Stop the Media Merger Train

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • Amazon Music Names Andre Stapleton Head

    Amazon Music Names Andre Stapleton Head of U.S. Label Relations

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • Aerosmith Announces ‘Deuces Are Wild’ Las

    Aerosmith Announces ‘Deuces Are Wild’ Las Vegas Residency

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

  • Monster Hunter: World

    Tencent Logs $6 Billion Half Year Profit but Games Slowdown Hits Revenues

    PARIS– Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, “intends to pursue a long term-policy focused on development in content convergence,” stated the French conglom which is owned by […]

More From Our Brands

Access exclusive content