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TIM, Mediaset can hack it without Vivendi, says blinkered gov’t official

Amid a period of disarray in Italy’s media industry, an Italian government official has chipped in by urging French mass media firm Vivendi to get a move on with its long drawn out plans to launch a European OTT service, before 21st Century Fox and Netflix conquer the market. Speaking to Italian news outlet La Stampa, Antonello Giacomelli suggested an industrial agreement between telco Telecom Italia (TIM) and broadcaster Mediaset, which Vivendi holds stakes in of 23.9% and 29% respectively, using Mediaset content on TIM’s network to get an enticing OTT offering off the ground. However, Giacomelli’s words of advice heeded a warning of the dangers of putting too much power into the hands of Vivendi – a company which…

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