Mediaset rebounds in mid-morning: the Alfa stock is among the best in the Ftse Mib with a gain of nearly 6% to €3,252 per share, in the wake of rumors about an acceleration in negotiations with Tim, which could soon lead to a commercial contract between the company and the Telecom-Canal Plus joint venture on television content.
According to rumours, the signing of the agreement could arrive "within a few days": the agreement would provide substantial guaranteed minimums to the benefit of Mediaset which would increase the value of the transaction up to 600 million spread over six years. In this way the Biscione would see an outlet for its products ensured.
Furthermore, before December 19, the day of the hearing for the Fininvest's appeal against Vivendi, an agreement could also be reached for the non-acquisition of Premium. The lawyers 'are hypothesizing cash compensation for Vivendi's failure to acquire Premium and the amount should be around 700 million', claims Il Messaggero.
As for Vivendi's position in Telecom and Mediaset, initially the share of the French group in the capital of Cologno Monseze exceeding 10% could pass to a trust, but in the future 'the spin-off of the network by Telecom could solve the problems and smooth out the road to the long-awaited Mediaset-Tim merger for the creation of a European content pole under the aegis of Vivendi', the newspaper continues, which, moreover, goes so far as to hypothesize a change in the legislation that prohibits the concentration of media and TV, especially if 'Silvio Berlusconi returns to the political scene'.
Today Telecom Italia also continues its race in Piazza Affari, already the protagonist of a rally yesterday after the news of a possible collaboration with Enel on optical fiber: by mid-morning the share of the telecommunications company gained 1,8% in €0,7355 per share.
