Cairo Communication
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| Company type | Società per azioni |
|---|---|
| BIT: CAI FTSE Italia Small Cap | |
| ISIN | IT0004329733 |
| Founded | 1995 (as Cairo Pubblicità) |
| Founder | Urbano Cairo |
| Headquarters | Milan , Italy |
Key people |
|
| Increase €20 million (2016) | |
| Total assets | Increase €1.561 Million (2016) |
| Total equity | Increase €344 million (2016) |
| Owner |
|
| Subsidiaries |
|
| Website | cairocommunication.it |
| Footnotes / references in a consolidated financial statement[1] | |
Cairo Communication S.p.A. is an Italian media and publishing company based in Milan. The shares of the company float in Borsa Italiana. Urbano Cairo, via UT Communications, UT Belgium Holding, owned 50.101% stake of the company. In turn Cairo Communication owned 59.693% stake of fellow media company RCS MediaGroup, which was acquired in 2016.
History
[edit | edit source]Urbano Cairo found a company Cairo Pubblicità in 1995, which wholesale advertisement space for RCS MediaGroup. In 1997 Cairo acquired a company which found in 1984, and renamed into Cairo Communication, as the holding company of his media empire. Cairo Communication acquired La7 in 2013 from Telecom Italia.[2] In 2016 Cairo Communication acquired RCS MediaGroup by offering to buy the shares from the public market, which was more favor than the offer from the rival consortium.
Publications and subsidiaries
[edit | edit source]- Cairo Editore
- RCS MediaGroup
- La7 S.p.A.
- Cairo Network s.r.l.
- Cairo Pubblicità S.p.A.
- Cairo Publishing S.r.l.
- Il Trovatore
References
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External links
[edit | edit source]
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- Television networks in Italy
- Italian-language television networks
- Mass media in Milan
- Publishing companies of Italy
- RCS MediaGroup
- Italian companies established in 1995
- Mass media company stubs
- Publishing companies established in 1995
- Mass media companies of Italy
- Companies listed on the Borsa Italiana
- Companies based in Milan