UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF FEBRUARY 2007 TELECOM ITALIA MEDIA S.P.A. (Translation of registrant's name into English) VIA DELLA PINETA SACCHETTI 229, 00168 ROME, ITALY (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: FORM 20-F [X] FORM 40-F [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ] Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. YES [ ] NO [X] If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______
PRESS RELEASE
TELECOM ITALIA MEDIA: BOARD APPOINTS
ENRICO PARAZZINI AS CHAIRMAN AND
ANTONIO CAMPO DALL’ORTO AS CHIEF EXECUTIVE OFFICER
Marco Ghigliani named General Manager
Milan, February 7, 2007- At today’s meeting, the Telecom Italia Media Board of Directors appointed former CEO Enrico Parazzini to the position of Chairman, empowered with all faculties vested in the position. At the same time, General Manager Antonio Campo Dall’Orto was co-opted onto the Board of Directors and named company CEO. Marco Ghigliani was named General Manager, with responsibility for La7’s news operations and dedicated production facilities.
The new appointment to the Telecom Italia Media Board and the reassignment of powers of attorney was necessary following the resignation of Riccardo Perissich from his directorship and position as company Chairman.
With these appointments, provided with a sense of continuity, no significant changes have been made within the company’s top ranks.
The Board now has eight independent directors out of a total of thirteen.
The new CEO’s CV/Resumé may be viewed in theInvestors area on the corporate web site.
Media Relations
Telecom Italia Media Corporate Press Office
+39.06.3688.2610
www.telecomitalia.com/media
Investor Relations
+39.06.5150.5424
www.investor.telecomitaliamedia.it
Cautionary Statement for Purposes of the "Safe Harbor" Provision of the United States Private Securities Litigation Reform Act of 1995.
The Private Securities Litigation reform Act of 1995 provides a "safe harbor" for forward-looking statements. The Press Release included in this Form 6-K contains certain forward looking statements and forecasts reflecting management's current views with respect to certain future events. The ability of the Telecom Italia Media Group to achieve its projected results is dependant on many factors which are outside of management's control. Actual results may differ materially from those projected or implied in the forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results and are based on certain key assumptions.
The following important factors could cause the Telecom Italia Media Group's actual results to differ materially from those projected or implied in any forward-looking statements:
- - the continuing impact of increased competition in the market;
- - the ability of the Telecom Italia Media Group to introduce new services and products;
- - the impact of regulatory decisions and changes in the regulatory environment;
- - the continuing impact of rapid changes in technologies;
- - the impact of political and economic developments in Italy and
- - Telecom Italia Media's ability to successfully implement its internet strategy.
The foregoing factors should not be construed as exhaustive. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Accordingly, there can be no assurance that the group will achieve its projected results.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 07th, 2007 TELECOM ITALIA MEDIA S.P.A. (Registrant) BY: /s/ Paolo Serra --------------------------- Paolo Serra Chief Financial Officer