Silvio Berlusconi’s Death Rapidly Raises Questions About Future of Family-Owned Empire

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Nick Vivarelli International Correspondent Italians on Wednesday bid farewell to TV tycoon and former prime minister Silvio Berlusconi with a national day of mourning and a state funeral in Milan’s Duomo cathedral attended by top local political and business leaders and some foreign dignitaries, aired live across all the country’s main media outlets. After the hearse with Berlusconi’s flower-draped casket drove slowly through Milan streets amid cheers, tens of thousands of people outside the Duomo erupted in applause as pallbearers solemnly carried the coffin through the crowd. Inside the cathedral his five children, Marina, Pier Silvio, Barbara, Eleonora and Luigi, and his 34-year-old girlfriend Marta Fascina, shed tears as the casket was placed in front of the altar and the Archbishop of Milan, Monsignor Mario Delpini, began the service.

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Nick Vivarelli International Correspondent There are many reasons why Silvio Berlusconi’s death, at 86 due to complications from chronic leukemia, represents the end of an era. Berlusconi single-handedly created the concept of private national network television in Italy. He was part of that rare breed of Logan Roy-esque media moguls to emerge in Europe in the late 1970s and early 1980s, including Rupert Murdoch and Germany’s Leo Kirch. At a time when Italy’s airwaves were monopolized by state broadcaster RAI’s stodgy channels, his Mediaset TV platform imported Hollywood series such as “Dallas” and “Baywatch” and movies like “Rambo” and “Conan the Barbarian.” The locally produced topless quiz show “Colpo Grosso” also defined Berlusconi’s TV pioneer days. There was no turning back.

One of the biggest personalities in world media and politics is no more.

Nick Vivarelli International Correspondent Italy’s Fremantle-owned Lux Vide production powerhouse is expanding its in-house studio capacity, unveiling a large new soundstage on Monday at its facilities in Formello outside Rome which will become a major new European physical production hub. Plans are underway for a total of seven state-of-the-art stages, plus a new post-production facility to be in place at Formello by year’s end creating a sprawling Lux Video studio area on more than 6,500 square meters of space (2,5 square miles) including the backlot. Lux Vide’s new Teatro 5 measuring more than 1150 square meters (more than 12,000 square feet) was inaugurated with Italy’s deputy culture minister Lucia Bergonzoni and other local authorities on hand alongside Lux CEO Luca Bernabei, Andrea Scrosati, Fremantle’s group COO and CEO continental Europe, and Lux’s honorary president Matilde Bernabei.

Former Italian leader Silvio Berlusconi has died at the age of 86, according to Italian media reports.

Nick Vivarelli International CorrespondentSilvio Berlusconi, the billionaire media-mogul-turned politician who defined a three-decade-long era in postwar Italy during which TV spin, tainting allegations of corruption and sex scandals were pervasive — but who also achieved unprecedented political stability in the country — has died. He was 86. Berlusconi died at the San Raffaele hospital in Milan, according to Italian media reports. He had been suffering from leukaemia and had recently developed a lung infection.After building a fortune by launching Italian private TV with his Mediaset empire, Berlusconi entered politics in 1993, was elected prime minister in 1994, and went on to serve as the country’s premier three times, not consecutively, becoming the longest serving democratically elected Italian leader. He was ousted from parliament in 2013 following a tax fraud conviction.

Silvio Berlusconi, the former Italian Prime Minister and media mogul, has died aged 86, according to Italian media reports. Local press said Berlusconi died at the San Raffaele hospital in Milan.