Media and political earthquake in Italy over sale of ‘La Repubblica’ and ‘La Stampa’, the two main opposition newspapers

The Italian media and political landscape is experiencing a seismic shift with the potential sale of two historic newspapers, La Repubblica and La Stampa, the country’s second and third best-selling newspapers after Corriere della Sera, and currently the two main progressive opposition media outlets to the government of far-right leader Giorgia Meloni. La Repubblica and other media outlets belonging to the GEDI group, such as the Italian edition of the Huffington Post and three radio stations (M20, Deejay, and Capital), could end up in the hands of the Antenna group, headed by Greek businessman Theodore Kyriakou, a conservative and ally of U.S. President Donald Trump. Kyriakou is also a partner in Greece of Saudi Crown Prince Mohammed bin Salman, whose PIF fund holds a 30% stake in Antenna Greece BV.

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