Compact Media, the audio-visual secondary rights (AVSR) management company for film and TV producers, today announced the formation of its Compact Data division and launched the world’s first-of-its-kind A.I. rights monitoring and broadcast tracking system, MRIT (Media Rights International Transmissions). Designed using Compact Media’s vast film and television industry knowledge developed over 25 years, MRIT […]
beIN Media Group and La Liga have agreed a new deal in France for the broadcast of the Spanish top-flight football on beIN Sports until 2024. The renewal extends the exclusive partnership between beIN Sports and La Liga in France to more than a decade. Laurent de Camas, MD of beIN Sports France, said “We […]
Spanish TV group Mediapro is holding negotiations with 50 different companies to launch a huge TV hub in the country with an estimated investment of €500 million, according to financial newspaper Expansión. Mediapro, in current financial difficulties with a debt of €920 million, hopes to attract European Union funds to start the project. The initiative […]
Orange Spain is set to cut 485 posts, 15 per cent of its workforce in the country, as a result of a sharp fall in revenues following the negative effects of the pandemic. It is the first round of job cuts at the company since the acquisition of Jazztel in 2016. The company will negotiate […]
Spain’s Orange TV has added Acorn TV, the streaming service of AMC Networks offering TV series from Britain and other English-speaking countries. Acorn TV offers subscribers of Orange TV a wide range of drama, mystery and comedy series and miniseries from the UK, Australia, New Zealand, Ireland and Canada, in both their Castilian dubbed and […]
In a move to boost 5G, the Spanish government is set reduce the RTVE tax that telco operators pay annually, and will cut the initial pricing set in the 5G public auction to take place later this month (or June latest). The deputy Prime Minister, and Minister of Economy, Nadia Calviño, laid out these measures […]
Mediaset Spain saw its profit fall by 24.9 per cent in the first quarter, down to €36.7 million from €48.9 million in the same period last year. Net revenues amounted to €184 million, down 19.9 per cent with an EBITDA reaching €51.3 million, down 23.7 per cent. EBIT was €47.1 million, a 23.7 per cent […]
Orange Spain is speeding up the deployment of 5G with coverage of 442 cities, from 38 provinces – using 5G NSA via DSS – covering 28 per cent of the Spanish population. The company plans to reach a 90 per cent coverage in 2022 and is getting ready for the forthcoming 700 MHz public auction […]
MásMóvil, the fourth largest telco in Spain, has sold part of its rural FTTH network to local operator Onivia in an attempt to raise funds to complete Euskaltel’s acquisition. The company received around €400 million for the network that covers 1.1 million households. With the acquisition, for its part, Onivia doubles its presence in Spain […]
The pandemic-fuelled ad crisis has taken its toll on Spanish TV group Atresmedia which has seen its profit fall by 7.5 per cent in the first quarter to €20.1 million. Total revenues amounted to €204 million, down 8.7 per cent on the same period last year. Atresmedia’s EBITDA fell by 3.6 per cent to €34.6 […]