K Group, the owner of Antenna Group, a leading international media, content and entertainment organization, on Monday announced the acquisition of 100% of GEDI Gruppo Editoriale S.p.A from Exor, including the newspaper La Repubblica, the radio brands Radio Deejay, Radio Capital, m2o, alongside HuffPost Italia, National Geographic Italia, Limes, and the advertising agency Manzoni.
The transaction does not include La Stampa, which – as GEDI recently announced – has been agreed to be sold to the SAE Group, together with its printing center and commercial network for local advertising sales. Simultaneously there is an agreement to dispose of Stardust, excluding it from the scope of the acquisition.
Antenna’s acquisition of GEDI will strengthen a leading Italy-based independent news and entertainment organization with broad international reach and global appeal.
Antenna Group will leverage its expertise in media, news, education, events, conferences and entertainment to strengthen GEDI’s portfolio of news and media brands, establishing GEDI as a powerful international media company with robust editorial independence. Maintaining the editorial independence of all acquired media outlets is always important to Antenna.
Preserving the identity, credibility, and pluralism of each brand is a core principle of Group’s strategy. In addition, Antenna plans to invest significant new capital to extend La Repubblica’s reach and showcase the award-winning work of the newspaper’s many talented journalists. At the same time, Antenna plans to expand GEDI’s radio business to create an important Mediterranean radio network hub and invest in news documentary production, streaming, podcasts, music production and publishing, education, and cinema – areas in which Antenna has a proven track record of successful investments.
Antenna is committed to investing in Italian journalism and bolstering Italy’s position as a leading provider of news and entertainment. The acquisition will enhance the consumer experience, integrate new technology and innovation, and expand audiences for GEDI’s news and content. It will also create several new opportunities for journalists to reach a larger international audience. Antenna will also grow existing content partnerships with HuffPost Italia, National Geographic Italia and others. Antenna is currently in discussions with strategic partners in the U.S. to add additional news and entertainment brands that compliment GEDI’s portfolio. Antenna will seek to partner with other local Italian groups and entrepreneurs on its Italian growth strategy.
Additionally, the acquisition will create opportunity to expand GEDI’s mymovies.it streaming platform and further integrate it with Antenna’s robust streaming platforms. Antenna will also explore expanding its theatrical cinema business in Italy given the company’s significant movie theater expertise. The GEDI portfolio will also allow Antenna to expand in music production and publishing, augmenting GEDI’s substantial radio assets. Furthermore, Antenna will leverage its relationships with global media powerhouses such as Netflix and other streaming companies to broaden distribution for GEDI’s news documentaries.
Antenna is pleased to invest in Italy and recognizes Italy’s position as one of Europe’s largest and most sophisticated economies with political stability, highly skilled talent, and globally influential cultural assets. The country’s continued focus on economic competitiveness and growth provides a solid foundation for long-term investment. Italy is a great country that has repeatedly demonstrated its ability to develop and expand internationally recognized brands and stands for its tradition of independent journalism. Antenna is proud to invest in a country with which it shares a deep respect and admiration for its culture, people, and values.
Over the past 38 years, Antenna Group has expanded into a trusted, forward-looking and globally impactful media, content and entertainment organization. Today, it is well established as a diversified group, owning and operating 37 free-to-air and pay TV channels, two streaming platforms, and a broad portfolio of businesses across Europe, North America and Australia, reaching up to 500 million people worldwide through its own platforms and partnerships.
Following the completion of the transaction, Mirja Cartia d’Asero, an experienced executive with a strong and proven track record in leading media and finance organizations through growth and high-impact operations, will become CEO of GEDI Group. According to a press release issued on Monday, Cartia d’Aseris looking forward to working together with the management team of GEDI to support the Group’s development and internationalization strategy. Mario Orfeo, who has served as editor-in-chief of the newspaper since 2024, will remain editor-in-chief of La Repubblica, ensuring editorial and leadership continuity while Linus will continue to lead the radio business.
In a statement, Mirja Cartia d’Asero, Antenna Group’s representative and incoming CEO of GEDI Group, said:
“On behalf of Theodore Kyriakou, Chairman of Antenna Group, and the Antenna family we are delighted to welcome GEDI to our Group. Together, we will build on the history of its publications and the strength of its brands to create a media group with global reach and meaningful impact. The Antenna Group shares a deep commitment to integrity, editorial independence and reliable news, and places great importance on respecting local culture and identity, which are fundamental to strong and trusted media. With Italy’s high skilled talents and a proven capacity to develop powerful international brands, we see great potential for GEDI to reinforce its position as a benchmark for quality journalism and media innovation.”
About Antenna Group
Antenna Group is fully owned by K Group, which is 100% owned by the Kyriakou family, marked by four generations of global entrepreneurial leadership with controlling interests across shipping, media, content and entertainment, asset management, and real estate.
Founded in 1988, Antenna Group has established itself as a leading international media, content, and entertainment organization, owning and operating a diverse portfolio in Europe, North America, and Australia, reaching 140 million people directly and more than 500 million globally through its strategic partnerships. Antenna’s media investments and assets span 37 TV channels—free and pay TV, two streaming services, together with investments in news, content production, cinemas, digital media, e-commerce, radio, music, live events, and education. Now through this acquisition into the new Italian affiliate, the group is poised to grow further in Southern European markets.
With a reputation for objectivity, integrity, and innovation, Antenna Group has a four-decade track record of exceptional returns in its investments. In addition to successfully owning and operating leading media businesses, Antenna Group is a long-standing investor in the media and entertainment industries, including Raine Group – the global merchant bank advising and investing in high-growth sectors of TMT, entertainment and sports, Imagine Entertainment – the iconic Hollywood production company, TelevisaUnivision – the world’s largest Spanish-language media and content organization.
The Antenna Group was an early investor in Facebook, Twitter (X), and Spotify before they went public. The Kyriakou family is also an investor in Semafor – the U.S. based, independent, rapidly growing, and highly influential global media and events platform.
In 2025 Antenna Group partnered with the Atlantic Council, a leading U.S. think tank committed to advancing global leadership and international affairs, to launch the Europe–Gulf Forum. This landmark initiative brings together, for the first time, heads of state, prime ministers, policymakers, senior investors, and business leaders to enhance consensus on geopolitical challenges and strengthen economic relations between the two regions. For years, Antenna has been at the center of promoting meaningful geopolitical dialogue and working to promote a stronger Europe while bridging Europe and the Gulf.
Guided by its mission to inform and entertain people in a responsible, objective, enriching and balanced way, Antenna Group continues to expand into new markets and pursue bold growth opportunities in an ever-changing media landscape. As the media and entertainment industry undergoes significant transformation driven by technology and evolving consumer behaviors, Antenna Group is actively pursuing new investment opportunities worldwide, leveraging its extensive network, deep expertise, and substantial capital resources.
About GEDI
GEDI Gruppo Editoriale is a leading Italian media group, in both print and digital media, with publications such as la Repubblica, and various titles and periodicals, such as Limes, HuffPost, il Venerdì, Specchio, D, Door and others. GEDI is also one of the main national radio groups, including top-tier brands such as Radio Deejay, along with Radio Capital and m2o. With OnePodcast, GEDI is also Italy’s main producer of digital audio content and operates in the multiplatform advertising sector through A. Manzoni & C. Spa.
