Advertising sales at Berlusconi-backed MFE flat in first half, CEO says

MILAN (Reuters) -Advertising sales at MFE-MediaforEurope, the TV group controlled by Italy’s Berlusconi family, were broadly flat in the first-half of the year, its chief executive said, with Spanish operations still lagging.

MFE’s Italian operations reported a 2.1% rise in advertising sales in the six months ending June 30, offsetting a single-digit fall in Spain, CEO Pier Silvio Berlusconi told reporters at a company event late on Tuesday.

(Reporting by Elvira PollinaEditing by Keith Weir)