Friday, December 23, 2005

Mediaset to Buy Europa TV frequencies

A Bloomberg News article, via The International Herald Tribune, reports that:

Mediaset, the television company controlled by Prime Minister Silvio Berlusconi, said Thursday that it had agreed to buy television frequencies from the broadcaster Europa TV as it expands a project to develop and show programs on mobile phones.

Europa TV, controlled by the financier Tarak Ben Ammar and Société Télévision Française 1, will sell the frequencies for about E200 million, or $237 million, Ben Ammar said. Mediaset confirmed the purchase without giving a price.


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