Two of Europe’s richest men want to remake the continent’s turmoil-wracked media business. First, they have to patch up their tattered personal and business relationship. In January 2016, Silvio Berlusconi, the TV mogul and flamboyant former Italian prime minister, sat down for lunch with a longtime friend and business partner—Frenchman Vincent Bolloré, whose media conglomerate Vivendi SA spans music, TV and videogames. The lunch, at Vivendi’s Paris headquarters overlooking the Arc de Triomphe, eventually blossomed into a...

Source: Wall Street Journal April 26, 2017 09:30 UTC