Elkann sells Italy's GEDI media group, with La Repubblica, to Greek buyers

AI Briefing

• – Elkann's sale of GEDI media group to Greek buyers marks the end of a century-long Agnelli involvement in Italian publishing, with La Repubblica being sold to Antenna Group, while La Stampa will be sold to SAE.
• – Antenna Group, a dominant force in Greek media, has set out an ambitious agenda to expand the reach of La Repubblica and develop its radio operations, but faces scrutiny over its intentions and potential impact on Italian journalism.
• – Journalists and media organizations have criticized John Elkann's decision to sell GEDI, citing concerns over editorial independence and job guarantees, with some warning of a 'rubble' left behind by the group's departure.