Telefónica has agreed to sell a 7.08% stake in the media group Prisa to the Spanish firm Global Alconaba.
Cofina concludes Media Capital deal
Portuguese publishing house Cofina has finalised its agreement to buy Media Capital from Spanish firm Prisa.
Prisa ordered to pay Mediapro €51m in Spanish ‘football war’
The Provincial Court of Madrid has ordered media group Prisa to pay Spanish broadcaster Mediapro a total of €51 million in damages in the latest ruling handed down in a long-running dispute over football content rights.
Mediapro wins Spanish “football war”
Spain’s Mediapro has claimed victory in what has been termed its “football war” with Prisa.
Ownership change for Prisa
Morgan Stanley is now the second largest shareholder in Spain’s Prisa.
Football fails to lift Prisa
Troubled Spanish media giant Prisa has insisted that its efforts in cost control are continuing, despite pay-TV revenues failing to compensate for the higher cost of football rights.
Prisa feels the squeeze
Spain’s Prisa has run into serious financial difficulties and currently owes banks more than €3.2 billion.
Prisa eyes Chapter 11
Spain’s Prisa is considering filing for Chapter 11 bankruptcy protection in the US.
Prisa loses DTH subs
Prisa lost 28,350 satellite subscribers in the first quarter, ending March with a total of 1,691,281, due to the weak economy and domestic consumption.
Prisa loses DTH subs
Spain’s Prisa lost 50,785 DTH subscribers in the year to September 2012, due largely to the weak economic situation and an increase in VAT.