Diller, Viacom clash in Italian battle of pop vs. shop

Article Abstract:

Barry Diller, whose Home Shopping Network (HSN) owns part of Italian TV-shopping channel, Rete Mia, and Viacom Inc. are involved in a legal battle with Italian regulators. Italian regulators have decided to reorganize Italy's TV-licensing system by taking Rete A, an Italian-language affiliate of Viacom's MTV, off the air. Rete Mia will be getting the frequency, and because of this, Rete A is suing the regulators. Nando DiFilippo, HSN's former general counsel and executive vice president, who had an independent Italian home-shopping program on Rete Mia, is also suing the regulators. Meanwhile, MTV fans have been protesting the disappearance of MTV.

Italy, Government regulation (cont), Cable Television Systems, Cable Networks, Cases, Cable television broadcasting industry, Cable television, Viacom Inc., Home Shopping Network Inc., Diller, Barry, DiFilippo, Nando, Rete Mia, Rete A, MTV Italia

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Deutsche Telekom girds for future with Sommer

Article Abstract:

Deutsche Telekom AG's chief executive officer (CEO) Ron Sommer was not asked to resign his post at the company's yearly general shareholders meeting. There were 6,500 Deutsche Telekom shareholders at the meeting. As company CEO, Mr. Sommer lost the largest telecom deal in Europe's history. Deutsche Telekom unsuccessfully tried to acquire Telecom Italia SpA. Shareholders are now asking what the company's next strategy will be.

Comment:

CEO Ron Sommer not asked to resign at company's yearly general shareholders meeting

Germany, Telecommunications, Stockholder data, Telecommunications services industry, Telecommunications industry, Deutsche Telekom AG, Investor relations

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