By Reuters Staff
(Adds comments from sources, updates shares)
MILAN, April 29 (Reuters) - Vivendi and Mediaset are working on the terms of a possible deal to end their years-long legal war, two sources close to the matter said on Thursday, as shares in the Italian broadcaster hit a 17-month high on the prospect of a truce.
The two media companies have been at loggerheads since 2016, when Vivendi walked away from a pay-TV deal and then built a 29% stake in Mediaset, which the Milanese group considers hostile.
A settlement with Vivendi would help Mediaset to pursue a plan it unveiled on Monday to move its legal headquarters to the Netherlands making it easier to build alliances with peers across Europe.
By Reuters Staff
Slideshow ( 5 images )
LONDON (Reuters) - Winners at next month’s BRIT Awards will receive two different trophies, encouraged to share one as a way to embrace the community spirit and kindness seen during COVID-19 lockdowns, organisers of Britain’s pop music honours said on Wednesday.
Artists Es Devlin and Yinka Ilori designed the statuettes, which will be handed out in pairs at the May 11 ceremony held at London’s O2 arena.
“Each recipient is invited to award the second trophy to someone they consider worthy - it might be recognition - or it might be someone that does something entirely unrelated to music,” Devlin said.
5 Min Read
Washington (Reuters) -U.S. President Joe Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first joint speech to Congress on Wednesday, as he stresses the need to invest to compete with China, the White House said.
FILE PHOTO: U.S. President Joe Biden holds a bipartisan meeting on the American Jobs Plan at the White House in Washington, U.S., April 19, 2021. REUTERS/Kevin Lamarque/File Photo
Biden will argue that the new package – which together with an earlier infrastructure and jobs plan totals around $4 trillion, rivaling the annual federal budget – is a once-in-a-generation investment vital to America’s future.
3 Min Read
NAIROBI (Reuters) - MultiChoice’s online streaming platform Showmax is investing in producing its own local content for African audiences as it competes for their attention against Netflix on the continent, a senior executive told Reuters.
Yolisa Phahle, MultiChoice Group CEO for General Entertainment and Connected Video is seen in this handout picture taken on October 21, 2014. Sean Brand/Showmax/Handout via REUTERS
MultiChoice is Africa’s largest pay-TV group, available in 50 African countries. Its streaming service Showmax, launched in 2015, is available in 46 African countries and also in several Western countries, including Britain and France, which have sizeable African diaspora populations.
By Reuters Staff
2 Min Read
DUBAI (Reuters) - Iran has found three suspected cases of the coronavirus variant discovered in South Africa, Health Minister Saeed Namaki said on Tuesday, calling it an alarm bell after COVID-19 deaths hit a daily record of 496 a day earlier.
FILE PHOTO: A man walks next to closed shops of Tehran Bazaar following the tightening of restrictions to curb the surge of COVID-19 cases, Tehran, Iran April 10, 2021. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Iran, the epicentre of the pandemic in the Middle East and which is grappling with a fourth wave, reported 462 deaths on Tuesday. Some 70,532 people have died out of 2.4 million cases, according to official statistics.