One thing I didn’t get round to blogging from the excellent Reuters Institute event at the European Studies Centre was the line from Mediaset CFO Marco Giordani.
Mediaset is the Italian media giant owned by Silvio Berlusconi who you would think would want his own news channel. But Giordani said that despite the large numbers of journalists on the payroll and the political advantages that would accrue from having a news channel – they couldn’t make the numbers work.
Of course, no one told Rupert Murdoch‘s Sky TG24…