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October 29, 1998 | MARLA MATZER
In a deal estimated to be worth $250 million, European media giants Kirch Group and Mediaset have agreed to invest for five years in films from newly formed Spyglass Entertainment. The two companies will receive theatrical, video and television rights to between 15 and 25 films for Germany, Italy, Spain, Poland and the former Soviet Union. Spyglass previously announced a deal with Walt Disney Co., which has domestic distribution rights to its films for the same period.
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WORLD
July 8, 2006 | From the Associated Press
Former Italian Prime Minister Silvio Berlusconi was charged Friday with false accounting, embezzlement and tax fraud in connection with his media empire's purchases of TV broadcast rights for U.S. movies, his lawyer said. British corporate lawyer David Mills, and the chairman of Berlusconi's Mediaset conglomerate, Fedele Confalonieri, also were indicted in the preliminary hearing, Berlusconi's lawyer Niccolo Ghedini said.
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BUSINESS
September 23, 1998 | From Bloomberg News
Rupert Murdoch's News Corp., Saudi Prince Alwaleed bin Talal and Italy's Mediaset are close to reaching a deal to buy up to 25% of debt-laden Kirch Group, Germany's second-largest media company, for about $2 billion, according to one of the prince's top advisors. But sources close to News Corp. cautioned that major issues, such as determining the value of the Kirch assets, are unresolved and that the company has yet to complete a review of Kirch's financial statements.
BUSINESS
October 29, 1998 | MARLA MATZER
In a deal estimated to be worth $250 million, European media giants Kirch Group and Mediaset have agreed to invest for five years in films from newly formed Spyglass Entertainment. The two companies will receive theatrical, video and television rights to between 15 and 25 films for Germany, Italy, Spain, Poland and the former Soviet Union. Spyglass previously announced a deal with Walt Disney Co., which has domestic distribution rights to its films for the same period.
WORLD
July 8, 2006 | From the Associated Press
Former Italian Prime Minister Silvio Berlusconi was charged Friday with false accounting, embezzlement and tax fraud in connection with his media empire's purchases of TV broadcast rights for U.S. movies, his lawyer said. British corporate lawyer David Mills, and the chairman of Berlusconi's Mediaset conglomerate, Fedele Confalonieri, also were indicted in the preliminary hearing, Berlusconi's lawyer Niccolo Ghedini said.
BUSINESS
July 17, 1995 | Times Staff and Wire Reports
Murdoch Snubbed in Italy: Former Prime Minister Silvio Berlusconi has agreed to sell a partial stake in his television empire to a consortium led by Saudi Prince al-Waleed bin Talal rather than to media baron Rupert Murdoch.
WORLD
April 15, 2014 | By Henry Chu
ROME -- Former Italian Prime Minister Silvio Berlusconi was ordered Tuesday to spend a year performing community service among the elderly as his sentence for committing tax fraud at his media conglomerate. The decision by a Milan judge spares Berlusconi, 77, a sentence of house arrest. But the former premier, who has dominated Italy's political scene for two decades, will see his movements restricted just as his center-right party gears up for elections to the European Parliament next month.
BUSINESS
September 23, 1998 | From Bloomberg News
Rupert Murdoch's News Corp., Saudi Prince Alwaleed bin Talal and Italy's Mediaset are close to reaching a deal to buy up to 25% of debt-laden Kirch Group, Germany's second-largest media company, for about $2 billion, according to one of the prince's top advisors. But sources close to News Corp. cautioned that major issues, such as determining the value of the Kirch assets, are unresolved and that the company has yet to complete a review of Kirch's financial statements.
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