Mediaset strikes down Paolo Vasile after more than 20 years as CEO

Paul Vasile will imminently cease to be the head of Mediaset. The manager has been struck down by the leadership of the group in Italy after not being able to solve the serious audience crisis suffered by Telecinco in recent months and that adds to the company’s bad reputation in the last decade. The information has been advanced by El Mundo and verified by YOTELE.

According to the information to which this portal has had access, it has not yet been determined when his dismissal will take effect, although the chosen date could be next February 2023taking advantage of the fact that it is expected that the merger process with Mediaset will be completed with its Italian branch and the starting gun will be given to MFE (Media For Europe).

What does seem clear is that his position will be filled by a new executive from Italy, which will arrive soon and will cause a domino effect in the rest of the positions in the organization chart and a turn of the rudder to its questionable content, which ceased to interest most viewers months ago. It is, therefore, about a refoundation of the company In all rules.

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This portal has been able to know that Mediaset Italia’s top management had already stripped Vasile of much of his power in recent weeks, when a new team began to take control of the company’s commercial area. Paolo Vasile has been one of the most powerful executives within the same company for more than two decades.

The future remodeling of Mediaset España will not affect Borja Prado, appointed president of Mediaset this year, who will be in charge of what will be one of the last shareholders’ meetings (in this case of an extraordinary nature) that Vasile attends. Predictably it will take place next Wednesday, October 26.

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