Five years ago this week… The CEO of Telecom Italia Mobile (TIM) packed up his desk after just 16 months in office, which seemed to be a direct consequence of Vivendi’s recently acquired controlling stake in the Italian operator. Infamous for its aggressive takeovers and ousting executives in the process, Vivendi had also announced plans to launch a joint TV channel through its French pay TV subsidiary Groupe Canal and TIM, which would act as an Italian version of Canal+. Canal Italia would therefore go up against struggling Mediaset, which Vivendi had failed to acquire just months ago – a fierce act of revenge. — Meta has reported a 1% fall in revenues to $28.2 billion for Q2 2022,…