GEDI Gruppo Editoriale

History

Origins

In 2009, the group L'Espresso created an online advertising consortium with RCS MediaGroup.

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. As a result CIR (owned by the Benedetti family) remained the majority shareholder, with FCA and Carlo Perrone as minority shareholders.

Name change

In May 2017, the group changed its names from Gruppo Editoriale L'Espresso to GEDI Gruppo Editoriale. In July 2017, FCA distributed its stake to shareholders, making the Agnelli Family (through Exor) minority shareholders with a 4.26% stake.

In December 2019, the board of CIR accepted Exor's offer to buy its 43.78% stake in GEDI. 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.

Description

• Newspapers:
  • 100,000 to 150,000 copies: la Repubblica
  • 50,000 to 100,000 copies: La Stampa
  • 5,000 to 10,000 copies: La Provincia Pavese, La Sentinella del Canavese
• 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
• 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

• Il Secolo XIX, ceded to Mediterranean Shipping Company in 2024
• 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 and Le Guide dell'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

References

References

1. (14 January 2009). "Italy's top newspaper groups pool online advertising".
2. Pons, Giovanni. (2 March 2016). "Nasce Il Polo Repubblica-Stampa". la Repubblica.
3. Introzzi, Mauro. (8 May 2017). "Gruppo Editoriale L'Espresso diventa GEDI Gruppo Editoriale".
4. (1 August 2016). "Gruppo Espresso and Itedi sign agreement on business combination".
5. (3 December 2019). "La famiglia Agnelli-Elkann acquista la Repubblica e il gruppo l'Espresso".
6. Sanderson, Rachel. (3 December 2019). "Agnelli family's Exor to buy Italian media group GEDI". [[Financial Times]].
7. (10 August 2020). "Gedi, a Giano (Exor) il 100% del capitale. Addio del titolo alla Borsa".
8. Colombo, Daniela. (13 July 2020). "Gedi: Perrore e Cir acquistano da Exor azioni di Giano Holding per partecipazione nell'editrice".