Silvio Berlusconi

Telefonica Sells Stake in "Big Brother" Producer Endemol for $4.6 Billion

Authored by Mark Hefflinger on May 14, 2007 - 1:31pm.

London - Spanish telecom Telefonica has sold its stake in the Dutch TV production company Endemol ("Big Brother," "Deal or No Deal") to a group led by former Italian prime minister Silvio Berlusconi's Mediaset, and Endemol founder John de Mol, in a deal valued at $4.6 billion, the Financial Times reported.