GEDI Gruppo Editoriale explained
| GEDI Gruppo Editoriale |
| Former Name: | (1955–2017) |
| Foundation: | 1955 |
| Location: | Turin, Italy |
| Area Served: | Italy |
| Key People: |
|
| Industry: | Publisher |
| Parent: | Exor |
GEDI Gruppo Editoriale S.p.A., formerly known as S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy.
It is controlled by the Agnelli family through Exor, and is mostly known for publishing newspapers La Repubblica and La Stampa.
History
In 2009, the group L'Espresso created an online advertising consortium with RCS MediaGroup.[1]
In March 2016, the Italiana Editrice (owner of La Stampa and controlled by FCA) merged with L'Espresso group (owner of La Repubblica) to create the leading Italian group in print and online information.[2] As a result CIR (owned by the Benedetti family) remained the majority shareholder, with FCA and Carlo Perrone as minority shareholders.
In May 2017, the group changed its names from to GEDI Gruppo Editoriale.[3] In July 2017, FCA distributed its stake to shareholders, making the Agnelli Family (through Exor) minority shareholders with a 4.26% stake.[4]
In December 2019, the board of CIR accepted Exor's offer to buy its 43.78% stake in GEDI.[5] [6] This operation restored the Agnelli family to majority ownership of La Stampa, which they had already controlled from 1926 to 2016, through FIAT (then FCA).
Following a tender offer, GEDI is 100% controlled by Giano Holding Spa, which is in turn controlled by Exor (90% stake). After Giano bought all shares of GEDI, the company was delisted from the Borsa Italiana. Compagnie Industriali Riunite and Carlo Perrone own a minority share in Giano, 5% each.[7] [8]
Description
- Newspapers:
- Online newspapers: Huffington Post (Italian edition), Alfemminile, Mashable (Italian edition)
- Magazines: Limes, National Geographic Italia (Italian edition of National Geographic Magazine), Le Scienze (Italian edition of Scientific American), Mente & Cervello, Le Guide dell'Espresso
- Radio stations: Radio DeeJay, Radio Capital, m2o
- Television channels: Repubblica Radio TV, Deejay TV, myDeejay, Onda Latina
- Web portals: Kataweb
- Advertising: A. Manzoni & C.
- Education: Somedia
Formerly owned
- Messaggero Veneto – Giornale del Friuli, Il Piccolo, Gazzetta di Mantova, Il Mattino di Padova, La Tribuna di Treviso, La Nuova Venezia and Corriere delle Alpi, ceded to NEM Group in 2023
- L'Espresso, ceded to BFC Group in 2022
- Il Tirreno, Gazzetta di Reggio, Gazzetta di Modena, La Nuova Ferrara and La Nuova Sardegna, ceded to SAE Group in 2020 and 2021
- MicroMega, closed in 2020 (later re-opened with a new ownership)
- Il Centro and La Città, ceded to local businessmen in 2017
- Alto Adige and Trentino, ceded to Athesia Group in 2017
Notes and References
- https://www.reuters.com/article/mnrcs-lespresso/italys-top-newspaper-groups-pool-online-advertising-idUSLE52915420090114 Italy's top newspaper groups pool online advertising
- Giovanni Pons, Nasce il polo Repubblica-Stampa. Fca esce da Rcs, Repubblica.it, 2 March 2016
- Mauro Introzzi, Gruppo Editoriale L’Espresso diventa GEDI Gruppo Editoriale, Soldionline.it, 8 May 2017
- Web site: Gruppo Espresso and Itedi sign agreement on business combination EXOR . 2024-04-19 . www.exor.com.
- La famiglia Agnelli-Elkann acquista la Repubblica e il gruppo l’Espresso, Firstonline.info, 3 December 2019
- Rachel Sanderson, Agnelli family’s Exor to buy Italian media group GEDI, Ft.com, 3 December 2019
- Web site: 2020-08-10 . Gedi, a Giano (Exor) il 100% del capitale. Addio del titolo alla Borsa . 2024-02-13 . Affaritaliani.it . it.
- Web site: Colombo . Daniela . 2020-07-13 . Gedi: Perrore e Cir acquistano da Exor azioni di Giano Holding per partecipazione nell'editrice . 2024-02-13 . Primaonline . it-IT.
