Mediaset says Vivendi ended interim management over pay-TV unit

Mediaset said French media group Vivendi had told it in letter on Friday that an interim management accord over the Italian broadcaster's pay-TV unit no longer stood. "The main consequence of today's formal letter is the implicit recognition of the validity of the existing contract," Mediaset said. Vivendi has backed out of an April deal to buy Mediaset's pay-TV arm and the two groups have been battling since over the validity of the original accord.