Italy’s Mediaset Group reported net revenues of €1.38 billion for the first half of 2021 (up from €1.16 billion in H1 2020), of which €963.7 million were achieved in Italy and €423.6 million in Spain. Advertising revenues in Italy increased 31.7 per cent to €979.9 million, while the Spanish market contributed with €406.1 million (up […]
Orient Hontai will increase its shares in Spain’s TV group Mediapro by 30 per cent, up to 85 per cent for €620 million, according to El Confidencial. The Chinese group will pay €400 million to amortise part of the Mediapro’s debt €900 million whereas the rest, €220 million will be destined to increase the social […]
On the heels of La Séptima announcing its launch by year end, another TV news channel – 7NN – is set to go live on air in Spain coinciding with Hispanic Day – October 12th. The DTT channel, led by Marcial Cuquerella, former director of Intereconomía, will air 24/7 news programming claiming to be the […]
Vodafone Spain has announced a new cut in its workforce of up to 515 people, around 12 per cent of its staff, due to tough market conditions. This is the second job reduction plan after the company shed 1,000 workers, 20 per cent of the staff, in 2019. The new redundancy plan will mainly affect […]
The Spanish DTT market is facing turmoil with three DTT licences up for sale. Media group Secuoya is negotiating the sale of its DTT licence, currently occupied by Ten TV channel, for €25 million, according to El Español. The move follows Unidad Editorial’s decision to sell its two DTT licences for €50 million, currently occupied […]
A group of entrepreneurs are readying to launch La Séptima, a new DTT channel with national coverage in Spain, along with an OTT platform aimed at Latin American distribution. The channel is scheduled to go live towards the end of the year, or early in 2022. The project is headed by Marcos de Quinto, former […]
The former General Director at Vodafone Spain, Andrés Vicente, has been named as new president and CEO of Ericsson Iberia, including Spain, Portugal, Andorra and Gibraltar. Vicente will replace Javier García Gomez in the position with the aim of strengthening the company in view of the 5G deployments in the Iberian market. Vicente has 25 […]
WarnerMedia has confirmed that is will launch its HBO Max streaming service in the Nordics and Spain this autumn, followed by Central and Eastern Europe and Portugal in 2022. The anouncement was made by Priya Dogra, president at WarnerMedia EMEA and Asia (excluding China) and Christina Sulebakk, general manager at HBO Max EMEA at a […]
In an attempt to boost pay-TV football subscribers in Spain, Movistar and Orange are giving away incentives including smart TVs, mobile phones and huge discounts. Movistar is offering the choice of a free smart TV or smartphone to those subscribers paying for a convergent package. The operator needs to recoup the €900 million it paid […]
Real Madrid TV, the DTT channel owned by La Liga football team Real Madrid, is set to become an OTT platform that offers VoD and live streaming content. The company aims to get up to €8 million from European funds under the España Hub Audiovisual plan to turn the channel into an OTT service branded […]