– After the agreement to buy 80% of Monradio (R101) by Mondadori , Mediaset has partnered with the founders of Finelco (R105, Radio Montecarlo, Virgin Radio) to “give further development to its radio business.” The group acquired 19% of RB1 spa, shareholder with 92.8% of the founding members of Finelco. The Hazan family keeps the majority of shares with voting rights.
Mediaset has also acquired shares without the right to RB1 Spa vote, 50% of the share capital.
As part of the agreements with the founders of Finelco is planned then the right to increase its stake in Mediaset, subject to necessary regulatory approvals.
The investment in the first group radio Italian – three national radio stations with more than 8 million listeners per day – is part of the new line of development oriented Mediaset all’emittenza radio, half modern and lively audience that is recording more and more interesting.
The transaction also represents an investment of a cross-media with obvious positive effects in terms of both production and distribution of content and in terms of advertising sales.
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