Class Editori Spa

What Class Editori Spa does

Class Editori S.p.A. is an Italian multimedia publishing company founded in 1986 and headquartered in Milan, listed on the Milan Stock Exchange (ticker: CLE) since November 1998. The company operates an integrated portfolio spanning daily newspapers (MF/Milano Finanza, Milano Finanza, MF Fashion), monthly magazines (Capital, Class, Gentleman, Patrimoni, Global Finance, Lombard, MFF, MFL, MF International), television channels (Class CNBC as joint venture with NBCUniversal, Class TV Moda, Gambero Rosso Channel, Class Life), the Telesia GO TV network (4,766 screens reaching 27.9 million weekly passengers), RadioClassica, and digital platforms including milanofinanza.it, MFFashion.it, gamberorosso.it, MF Plus (financial information distribution), MF Web (multi-channel content), MF Trading 2 (online trading platform for bank clients), and the MF Newswires news agency. The company is the main shareholder in Class CNBC, the first and only business television channel in Italy, and holds joint ventures with Dow Jones (MF-Dow Jones News) and multiple Chinese state media organizations (Xinhua, China Media Group, People's Daily).

The company generates revenue through four primary streams: advertising sales (through the Class Pubblicità concessionaire across print, television, websites, and GO TV networks), consumer and professional subscriptions (newspapers and magazines via Class Abbonamenti, financial services platforms), financial services to the banking sector (MF Trading 2, MF Plus, MF Centrale Risk), and corporate services including corporate TV production, events (MF Conference, Agrifood & Travel Global Summit), and professional training (Milano Finanza Business School, Gambero Rosso Wine & Food Academy). It serves primary customer segments of finance professionals (economists, lawyers, bankers), fashion and luxury consumers, food and wine enthusiasts, and upper-class lifestyle audiences in Italy, with international content syndication partnerships extending reach into China and other markets. Revenue for 2024 was €86.57 million with EBITDA of €12.05 million, following a €17 million capital increase in 2022 executed as part of a financial restructuring plan under Art. 67 of Italian insolvency law.

Name

Class Editori Spa

Legal name

Class Editori S.p.A.

Website

https://classeditori.it

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

251–500 employees

Short description

Class Editori Spa is an Italian multimedia publishing company (founded 1986, Milan-listed) operating newspapers, magazines, television channels, radio, digital platforms, and a GO TV network across financial news, fashion, food, and lifestyle verticals for finance professionals and upper-class consumers in Italy.

Ownership category

akta.pro rank

Product category

Multimedia Publishing and Financial Media

NAICS

Periodical Publishers (513120), Newspaper, Periodical, Book, and Directory Publishers (5131)

SIC

Periodicals: Publishing Or Publishing & Printing (2721), Newspapers: Publishing Or Publishing & Printing (2711), Television Broadcasting Stations (4833), Books: Publishing Or Publishing & Printing (2731)

akta.pro primary industry

Institutional & Custom Publishing (Coursepacks, Campus/Corporate Training) (MPAJABAL)

akta.pro secondary industries

Food, Cooking & Beverage Magazines (MPAJAEAF), Editorial & Production Services (Copyediting, Proofreading, Formatting, Typesetting) (MPAJAJAG)

Keywords

• Business publishing
• Financial news media
• Multimedia publishing
• Business television
• Financial data services

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Advertising Revenue: Class Editori generates significant advertising revenue through its print publications, television channels, websites, and GO TV networks. The company operates Class Pubblicità as its advertising concessionaire.
2. Subscriptions: Revenue from subscriptions to publications including MF/Milano Finanza newspaper and magazine periodicals sold through classabbonamenti.com
3. Financial Services: Online trading services (MF Trading 2), financial information and reporting (MF Plus), and credit register analysis (MF Centrale Risk) provided to banking market
4. Corporate Services: Corporate TV and radio production services, training through Milano Finanza Business School, MF Conference events, and Gambero Rosso Wine & Food Academy

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Class Editori is an Italian multimedia publishing group that produces and distributes business, financial, fashion, food & wine, and lifestyle content across newspapers (MF/Milano Finanza, MF Fashion), magazines (Capital, Class, Gambero Rosso, Gentleman, Patrimoni), business and lifestyle television channels (Class CNBC, Class TV Moda, Gambero Rosso HD), radio (RadioClassica), GO TV out-of-home networks (Telesia), digital portals (milanofinanza.it, MFFashion.it, gamberorosso.it), financial data platforms (MF Plus, MF Trading 2, MF Web), and corporate TV and training services (Milano Finanza Business School, MF Conference).

Product overview

Class Editori Spa is a multimedia publishing company offering an integrated ecosystem of print, television, radio, internet, mobile, and events media products. The portfolio includes newspapers (MF/Milano Finanza, Milano Finanza, MF Fashion), magazines (Capital, Class, Gentleman, Patrimoni, Global Finance, Lombard, MF International, MFL Magazine, MFF Magazine), television channels (Class CNBC, Class Life, Class TV Moda, Gambero Rosso Channel), GO TV network (Telesia), radio (RadioClassica), websites (milanofinanza.it, MFFashion.it, gamberorosso.it), digital platforms (MF Plus, MF Web, MF Trading 2), news agency (MF Newswires), and educational/event services. The company specializes in sectors where Italian manufacturing excels: Fashion, Finance, Food & Beverage, and Furniture. The offering operates as a unified multimedia ecosystem targeting upper-class professionals and consumers through both traditional and digital channels.

Differentiator

Problem solved

Functional benefit

Brands

• Class CNBC: Business television channel - joint venture with NBCUniversal, broadcast on Sky channel 507
• Class TV Moda
• Gambero Rosso
• Milano Finanza
• Capital
• Class Magazine
• Gentleman
• Radio Classica
• MF Plus
• MF Trading 2
• MF Newswires
• Eccellenza Italia

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• People's Daily (Quotidiano del Popolo)minorStrategic or Co-development Partner · 29 July 2024MOU signed with China's official newspaper (publisher of Global Times) for developing cooperative activities in exchange of news, events, and special projects with particular attention to digital contents.
• MT NewswiresminorStrategic or Co-development Partner · 1 May 2023Partnership since May 2023 for content and distribution of MT Newswires news in Italy. MT Newswires, established in 1999, provides news on wide range of topics through correspondents in more than 25 countries.
• China Media GroupcoreStrategic or Co-development Partner · 1 January 2014MOU signed for cooperation on various media platforms including television stations, newspapers, and new media channels. Includes joint creation of Focus Cinitalia column, co-organization of TV programs, content sharing, and co-organization of large-scale events.
• Xinhua News AgencycoreStrategic or Co-development Partner · 1 January 2010Partnership since 2010 involving exchange of news and market data, joint organization of events, online training services, and databases. Co-created Class Eccellenza Italia platform published in Mandarin, English, and Italian.
• Dow Jones & CompanyminorStrategic or Co-development Partner · 1 December 2002Joint venture MF-Dow Jones News created in December 2002, forming the principal global economic-financial news agency in Italian language.
• NBCUniversal (CNBC)coreStrategic or Co-development Partner · 1 January 2001Joint venture established in 2001 forming Class CNBC, the first and only business television in Italy. Class Editori is the main shareholder. The partnership provides exclusive access to CNBC's global financial news network, broadcasting on SKY Italia channel 507.
• WeChat (Tencent)minorChannel Partner/ Reseller/ DistributorUnder agreement with Tencent, Class Editori is the official reseller of accounts and advertising in Italy for WeChat, the most famous Chinese social network.
• IIRM (Italian International Radio e Media)minorStrategic or Co-development PartnerJoint venture established to control Radio Cina Italia on behalf of China Radio International (CRI). IIRM is part of Chinese HMI group that owns radio frequencies in numerous countries.
• Sasseur Holding CompanyminorChannel Partner/ Reseller/ DistributorCollaboration agreement for distribution of garments created by Italian designers in selected Chinese shopping centers owned by the Sasseur Holding Group based in Shanghai.
• China National Garment AssociationminorGTM or Marketing PartnerAgreement for joint organization of fashion shows, fairs, special events, and presentations in Italy. Class Editori serves as official and exclusive media partner in Italy.
• Warriors MediaminorGTM or Marketing PartnerAgreement for reciprocal sale of advertising in China and Italy, and use of exclusive technology for GO TV in Italy.

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• News Corp: Global news and publishing group (Wall Street Journal, Dow Jones, HarperCollins, News UK). Comparable given the MF-Dow Jones News joint venture and overlap in financial newswire and business-information verticals.
• Hubert Burda Media: German family-owned magazine and digital publisher (Focus, Bunte, Elle). Comparable as a European broad incumbent in lifestyle, fashion and food magazine publishing with a parallel digital transformation strategy.
• Axel Springer: Large European digital and print media group (Bild, Welt, Politico Europe, Business Insider). Comparable as a broad incumbent pivoting legacy publishing into classifieds, digital subscriptions and business information, a strategic direction relevant to Class Editori.
• Thomson Reuters: Global provider of professional information, news (Reuters) and financial data terminals. Comparable as a higher-margin, B2B-oriented benchmark for the financial information and newswire ambitions of MF-Dow Jones News and MF Plus.
• Bloomberg Media: Business and financial news, data and television arm of Bloomberg LP. Sets the global benchmark for monetizing financial information via television, terminal data and digital subscriptions; relevant comparable for the Class CNBC and MF Plus strategy.

Direct peers

• Arnoldo Mondadori Editore: Italy's largest magazine and book publisher (Panorama, Grazia, Chi, Donna Moderna, Mondadori Libri). Closest pure-play magazine peer, with comparable mix of advertising, newsstand and digital revenues and an emphasis on lifestyle verticals.
• RCS MediaGroup: Italian multimedia publisher of Corriere della Sera and numerous magazines (incl. Oggi, Io Donna, Sportweek). Closest large-cap comparable for Class Editori given overlapping newspaper, magazine, digital and event-based business model in Italy.
• GEDI Gruppo Editoriale: Publisher of La Repubblica, La Stampa and Italian radio assets. Direct competitor in Italian newspaper, digital news and radio segments, with similar business-to-consumer subscription and advertising revenue mix.
• Il Sole 24 Ore: Italy's leading business-financial daily, owned by Confindustria. Direct head-to-head competitor in Italian business news, professional information services and financial-events (24 ORE Business School), overlapping with MF/Milano Finanza and Milano Finanza Business School.
• Cairo Communication: Italian media group combining magazine publishing (Settimanale Nuovo, TV Sorrisi e Canzoni, F), advertising concessionaire Cairo Pubblicità and TV assets (La7). Highly comparable integrated model spanning editorial content, advertising sales and broadcast distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/class-editori

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Class Editori Spa