Greece’s Antenna Group Acquires Leading Italian Daily ‘La Repubblica’

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Greece’s Antenna Group has acquired the starring Italian regular La Repubblica successful a large takeover successful the European media landscape.

On Monday, it was officially announced that Exor, the Agnelli-Elkann household holding company, has sold its 100% involvement successful the Gedi publishing radical to K Group, the holding institution of the Greek Kyriakou family. K Group besides controls Antenna Group, an planetary powerhouse successful media, contented production, and entertainment.

The landmark woody includes la Repubblica, the fashionable vigor stations Radio Deejay, Radio Capital, and m2o, arsenic good arsenic HuffPost Italia, National Geographic Italia, Limes, and the advertizing bureau Manzoni. Notably, the transaction excludes La Stampa—which Gedi precocious agreed to merchantability to the SAE Group—and Stardust, Gedi’s integer influencer venture.

Strategic imaginativeness and editorial independence

Theodore Kyriakou, CEO of ANT1 Group, the largest Greek media company. Credit: Antenna

While the fiscal presumption of the transaction stay undisclosed, Antenna Group has outlined an ambitious imaginativeness for Gedi’s future. The caller ownership intends to leverage its planetary expertise successful information, education, and amusement to alteration Gedi into a “robust planetary media company.” Central to this strategy is simply a committedness to beardown editorial independence, preserving the unsocial identity, credibility, and pluralism of each acquired brand.

Antenna Group plans to inject important resources into expanding la Repubblica’s circulation and supporting its award-winning newsroom. Furthermore, the radical aims to standard Gedi’s vigor concern into a ascendant Mediterranean hub portion diversifying into documentary production, streaming, podcasts, and cinema—areas wherever Antenna boasts a proven way record.

Changes successful the enactment of La Repubblica aft the Antenna takeover

Following the completion of the deal, Mirja Cartia d’Asero volition instrumentality the helm arsenic CEO. A seasoned fiscal enforcement and erstwhile CEO of Sole 24 Ore, Cartia d’Asero brings extended manufacture acquisition to the role. To guarantee stability, Mario Orfeo volition stay Editor-in-Chief of la Repubblica, a presumption helium has held since 2024, portion Linus volition proceed to pb Gedi’s vigor operations.

“Antenna Group shares a heavy committedness to integrity, editorial independence, and reliable information,” stated Cartia d’Asero. “We spot immense imaginable for Gedi to consolidate its presumption arsenic a benchmark for prime journalism and media innovation.”

Antenna Group, led by Chairman Theodore Kyriakou, besides revealed it is successful progressive discussions with strategical partners successful the United States to further enrich Gedi’s portfolio with caller quality and amusement brands.