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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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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
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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