Mediaset, Rai To Launch Free Satellite Platform In June
January 20 2009 - 12:53PM
Dow Jones News
Leading Italian broadcasters Rai and Mediaset SpA (MS.MI),
together with Telecom Italia Media (TME.MI), are to launch a
free-to-air satellite platform in June, which will broadcast
digital television programs, the companies said Tuesday.
The move follows the creation of a new company last year, named
Tivu, aimed at driving the switch from analog to digital TV in
Italy, due to be completed by 2012.
Rai and Mediaset each hold a 48% stake in the new firm, while
the media arm of Telecom Italia SpA (TI) has a minority share of
4%. Tivu will use both digital terrestrial spectrum and satellite
to offer free-to-air channels.
The platform will be open to outside broadcasters.
Analysts said the creation of Tivu is an attempt by Rai and
Mediaset to counter competition from News Corp.'s (NWS) satellite
TV firm Sky Italia.
State-owned RAI and Mediaset, controlled by Prime Minister
Silvio Berlusconi, account for more than 80% of Italy's TV audience
and TV advertising revenues.
The public broadcaster and the commercial TV group have seen Sky
Italia take viewers away from their offerings.
News Corp. owns Dow Jones, the publisher of this newswire.
-By Giada Zampano, Dow Jones Newswires; +39 348 7678016; giada.zampano@dowjones.com
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