Mediaset to Unveil 24-Hour News Channel

ROME – Italian broadcast powerhouse Mediaset will unveil an around-the-clock news channel that will start operations this year, company president Fedele Confalonieri said Tuesday.
Confalonieri, speaking at the 26th meeting of Italy’s leading editors union near Milan, said the channel will be part of the new News Mediaset unit and will be based on a partnership between Mediaset and a major international publishing and news organization. He did not provide further details.
If the 24-hour news channel indeed comes to life, it would be part of what already looks like it will be a busy year for Mediaset.

In December, the company said it would pursue an aggressive acquisition pace through its Medusa film unit, and, also on Tuesday, the company said it would consider buying television soccer rights from Dahlia TV, the country’s third leading satellite broadcaster that is seeking bankruptcy protection.

Mediaset, the second-leading company in that sector, is also seeking damages against larger rival Sky-Italia for abusing its dominant position regarding soccer television rights.