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Spain: Atresmedia, Mediaset revenues sink

February 24, 2023

From David Del Valle in Madrid

Spain’s two largest private TV groups, Atresmedia and Mediaset, saw their revenues and profit decline in 2022. Atresmedia, owner of Antena 3 and La Sexta, among others, made a profit of €112.9 million in 2022, down 4.7 per cent, whereas Mediaset, owner of Tele 5 and Cuatro among others, reported a €178.3 million, down 1.5 per cent.

EBITDA in Atresmedia grew by 0.2 per cent to €172.8 million whilst Mediaset experienced a 13 per cent fall to €211.2 million. Atresmedia made €950.8 million in net revenues, down 1.3 per cent, with the TV unit reaching €884.2 million, down 1.9 per cent.  Atresmedia has become the most widely watched TV group with a TV share of 27.2 per cent.

In Mediaset, revenues amounted to €865.3 million, down 1.3 per cent, out of which €762 million stem from advertising with the company taking 41 per cent of all TV ad in the market.

Mediaset is now involved in a merger operation with Berlusconi’s Media For Europe to be approved by shareholders next March 15th.

Categories: Articles, Broadcast, Business, Results

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