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The Milan Civil Court rejected Vivendi's appeal against a sentence issued by the same court last February. Now, to stop the merger between Mediaset Italia and Spain, the French can only resort to Spanish justice.

The acquisition followed the recent sale of 10% of the company's 100% share capital of Universal Music Group (UMG) for an enterprise value of €30 billion. It was brought up by Lagardère’ and former French president Nicolas Sarkozy served as an intermediary, and A price for the deal has not been revealed.

Vivendi-owned company has announced via Twitter that its premium channels will be made available for free through a set-top box, while subscribers will be given access to all of the company’s channels.

The group wants to overturn a Milan court’s rejection of its bid to freeze the creation of a pan-European holding company that will house the merged Mediaset and Mediaset España.

The case has become a tussle between billionaires over the future of European TV as competition grows from streaming services from the likes of Netflix and Amazon.