Analyst: Italian Pay TV Battle With Mediaset to Remain Drag on News Corp. Earnings

Rome – The Italian pay television sector is shaping up to be a key battleground going forward, according to a research note released this week by Sanford C. Bernstein analysts who said the sector was on pace to show slight growth this year after contracting in 2011. Italy’s pay TV sector is notable because it pits companies owned by two of the world’s richest media tycoons against each other: Mediaset’s Silvio Berlusconi and Rupert Murdoch from News Corp., which owns Italian satellite broadcaster Sky Italia. Italian state broadcaster Rai and Telecom Italia Media’s La7 are both players in the free-

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