The Italian media giant increases its hold over the German commercial TV giant.
Mediaset, the Italian media group controlled by controversial mogul and former Italian Prime Minister Silvio Berlusconi, has increased its stake in Munich-based ProSiebenSat.1, giving Berlusconi sufficient control to block major corporate decisions by the German broadcaster.
Mediaset purchased an additional 3.4 percent in ProSiebenSat.1 late in the week, bringing its direct stake in the German group which owns national networks ProSieben, Sat.1, and Kabel 1 as well as global production outfit Red Arrow (
Love is Blind) to 12.38 percent.
That in itself is not sufficient to sway decisions at ProSiebenSat.1. But Mediaset also holds derivatives that effectively boost its share of ProSiebenSat.1 s voting rights, giving the Italian group a de facto blocking majority in the German company.
Shortly before crowds of his supporters stormed the Capitol on Jan. 6, Donald Trump implored them to “take back our country.” His words echoed a long history of authoritarians who have attempted to privatize power and turn it into personal property.
Taking back what is yours would not, by this logic, be trespassing, terrorism or treason. Instead, it is merely setting things right. By inciting a predominantly white crowd to lay siege to an institution that was ratifying what they had been told was a “stolen” election, Trump was trying to preserve his presidency as if it were private property – his to keep, or give away.
L ancien dirigeant italien Silvio Berlusconi a quitté l hôpital mali-web.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mali-web.org Daily Mail and Mail on Sunday newspapers.
Former Italian Prime Minister Silvio Berlusconi has been discharged from the hospital in Monaco where he had been admitted due to heart problems, a source close to the media magnate told Reuters on Friday.