Italian broadcaster MFE acquires a 76% stake in Germany's ProSieben, valuing ProSieben at €1.9B and creating Europe's biggest free-to-air broadcaster (Laura Pitel/Financial Times)
Laura Pitel / Financial Times:
Italian broadcaster MFE acquires a 76% stake in Germany’s ProSieben, valuing ProSieben at €1.9B and creating Europe’s biggest free-to-air broadcaster — Italy’s MfE aims to compete with Netflix after winning protracted battle for ProSiebenSat.1 — The Italian media empire founded …