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BRIEF-Mediaset shareholder Amber Capital says group needs to be more aggressive
June 28, 2017 / 9:18 AM / in 4 months

BRIEF-Mediaset shareholder Amber Capital says group needs to be more aggressive

June 28 (Reuters) - A representative of Mediaset shareholder Amber Capital, Arturo Albano, says:

* group needs to cut costs, adopt a more aggressive strategy

* group management not up to scratch for new course

* Amber will vote in favour of the buyback programme proposed by Mediaset

* Mediaset needs to press ahead and look at new projects after failed pay-TV deal with Vivendi, staying alone would be a “short sighted” decision

* happy Mediaset has decided to scale down pay-Tv unit Premium as the company made a mistake when it decided to enter the business Further company coverage: (Reporting by Milan newsroom)

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