It is listed on the Milan and Madrid stock exchanges. The story of MFE-MEDIAFOREUROPE has deep roots: it begins in Italy at the end of the 1970s with a local cable TV called Telemilano, set up by a private individual in a new residential complex on the outskirts of Milan.
In 1980, it was transformed into Canale 5 and, thanks to regulatory modernisation, it began to broadcast across Italy. Until then, Rai, the public broadcaster with three channels, had held a monopoly on national television.
To compete on an equal footing with public service TV, the new private commercial television broadcaster also created a three-channel hub: Canale 5 was joined first by Italia 1 (bought from the publisher Rusconi in 1982) and then by Retequattro (bought from the Arnoldo Mondadori publishing group in 1984). This new television hub was called RTI - Reti Televisive Italiane and was supported by an exclusive advertising sales company called Publitalia'80 as well as two other companies: Videotime, responsible for the entire technological and production side, and Elettronica Industriale, which ensured the broadcasting of the television signal through the management of the transmission network.
The shareholdings of RTI, Publitalia, Videotime and Elettronica Industriale were merged into a new company: Mediaset, which was listed on the Milan Stock Exchange in 1996.
The group began its international expansion in the 1990s by entering the Spanish market and acquiring a majority stake in Telecinco. The decisive change took place in 2010: Telecinco merged with Cuatro to form Mediaset España Comunicación, which is controlled by Mediaset.
From that moment on, Spain effectively became the group's second strategic area, alongside Italy, and was consolidated in the financial statements.
In 2025, MFE-MEDIAFOREUROPE took a decisive step in its European strategy by making a voluntary public takeover bid for over 75% of ProSiebenSat.1 Media SE, the leading German television group based in Unterföhring (Munich).
ProSiebenSat.1 has been consolidated in MFE's accounts since October 2025, establishing MFE as a true European broadcaster with leadership positions in Italy, Spain and Germany.