Mediaset has increased its stake in ProSiebenSat.1 Media to 15.1 percent as it confirms its "commitment to invest in the future of free-TV development in Europe."

Max Conze, CEO of ProSiebenSat.1, told World Screen about the rationale behind a potential sale of Red Arrow Studios during a press roundtable at MIPCOM today.

Viacom International Media Networks (VIMN) and Virgin Media have clinched a new deal covering TV channels, on-demand content and streaming apps in the U.K. and Ireland.

ITV Studios has unveiled a new structure focused around three key businesses: creative network, led by Mike Beale; global entertainment, under Maarten Meijs; and global distribution, run by Ruth Berry.

Reporting its highest-ever first-half revenues, RTL Group has announced a new leadership structure under CEO Thomas Rabe and created a management committee to drive growth and foster collaboration across its operating divisions.

Ofcom's Media Nations report reveals that about half of U.K. homes subscribe to streaming services, while traditional television still dominates viewing time.

Digital advertising and gains at Red Arrow Studios and NuCom Group contributed to a 4-percent bump in second-quarter revenues at ProSiebenSat.1 Media to €947 million ($1.1 billion).

Group external revenues at ITV plc fell by 7 percent in the first half to £1.5 billion ($1.8 billion) as the company faces an "uncertain" economic and political climate.

ITV and BBC have finalized their plans to launch BritBox in the U.K., with the platform going live in the fourth quarter priced at £5.99 ($7.50) per month.

Sky channels, including Sky Cinema and Sky Sports, will continue to be available on Virgin Media platforms following the signing of a new multiyear partnership between the companies.