Nicola Maccanicowill not become CEO ofFremantleItaly a role he was announced in just days ago.

Maccanico refuted suggestions that the Cinecitta accounts had been left in a bad way under his management.

The contract provides, as is common in cases like this, a discount on the volume of activities.

Nicola Maccanico

Nicola MaccanicoTheo Wargo/Getty

The credit note that we read about in the press refers to this clause.

At Fremantle his reporting line was directly to Andrea Scrosati, Group COO and CEO Continental Europe.

Andrea Scrosati