Italian commercial broadcaster MediaForEurope (MFE) secured control of 82.9% of the capital of Mediaset España, its Madrid-listed television subsidiary.
After the elections for the CEPI Board, APIT – represented by its Executive President, Susana Gato – was unanimously elected as President for a two-year term.
The Chinese fund Orient Hontai Capital, owner of 53.5% of Mediapro, will increase its stake in the company to 76% and promised to inject €620 million to pay off the company's debts.
Leaded by drama producer Iona Vrolyk, the new label will capitalize on her reputation for developing and producing popular, original, returning series, and her relationships with top writing talent.