MILAN Sports-streaming start-up DAZN has an ambitious business goal in Italy: sign up 3-5 million customers, as many as the country's largest pay-TV group, in a market with one of the worst broadband take-up rates in Europe.
MILAN Italian oil major Eni has pulled out of a race to buy Terra Firma's solar power assets in Italy, a company spokesman told Reuters on Tuesday.
MILAN Media group Perform has signalled its intent to become a leading force in streaming sports content in Europe, clinching broadcasting rights for Italy's Serie A soccer.
MILAN Broadcaster Sky and sports media group Perform won the rights to screen top-flight Serie A football matches in Italy until 2021 for more than 973 million euros (893.1 million pounds) per season, Italy's soccer league chairman said.
(This April 13 story, corrects paragraph three to show investment is $50 million, not 50 million euros.)
LONDON/MILAN Italian oil major Eni hiked its dividend on Friday and held out the prospect of a share buyback after promising higher growth in production and more cash.
MILAN A judge on Tuesday postponed a court hearing between Italy's Mediaset and France's Vivendi over a pay-TV dispute that threatens to disrupt the French group's plans to create a European media champion.
MILAN For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.
MILAN Telecom Italia (TIM) has pushed back a deadline for binding bids for its broadcasting services unit Persidera to give potential suitors more time to prepare offers, sources close to the matter said.
MILAN/PARIS Hopes for a settlement in a legal dispute between Mediaset and France's Vivendi over a soured pay-TV deal drove shares in the Italian broadcaster as much as 7.5 percent higher on Friday.