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 […]
The pandemic crisis has taken a big toll on the financial results of Spain’s two biggest TV groups, Mediaset and Atresmedia. Both saw their profits fall in 2020 by 15.6 per cent and 79.8 per cent to €178.7 million and €23.9 million, respectively. Atresmedia, operator of Antena 3 TV and La Sexta among others, experienced […]
Vodafone Spain has added the Atresmedia-owned streaming platform, Atresplayer, to its offering. Vodafone’s subscribers will now have access to all Atresplayer offers, including exclusive content and linear channels (Antena 3, La Sexta, Neo, Nova, Mega and Atreseries) for €2.99 a month. The service enables subscribers to download content and view everything aired from the last […]
Atresmedia, one of Spain’s largest TV groups, and Planeta, a children’s content provider, have joined forces to launch the KIDZ TV channel. The channel, with over 1,100 hours of TV content, is available for free on Atresmedia’s streaming platform Atresplayer across all devices. KIDZ includes children TV series and films that will be available on […]
The decline in TV ad revenues is setting unwanted records in Spain, with a 45 per cent drop in the second quarter to €318 million, according to CNMC data. Spain’s two largest TV groups, Mediaset and Atresmedia, took 80 per cent of the ad market with public TV taking 13.8 per cent. Pay-TV also experienced […]
Mediaset’s OTT service Mitele Plus is suffering from a significant decline in subscribers, 25,000 down in the third quarter to 138,000 versus 163,000 in June. The subscriber loss is largely attributed to the lack of pay–TV football and the gamble on TV reality content by the platform. By contrast, its rival Atresmedia’s OTT service AtresPLAYER, […]
Spain’s largest TV groups Mediaset and Atresmedia are paying a high price as a result of the coronavirus crisis. Both companies are seeing profits sharply dropping. In the first nine months of the year, Mediaset saw its profits fall by 34 per cent to €103.2 million, down €53.8 million. In Atresmedia’s case the reduction is […]
The free fall in Spain’s TV ad revenues has had a big impact on Atresmedia’s results with a decline of 67.4 per cent in profits to €22.7 million in the first half of the year. Net revenues amounted to €375 million to June 30th, 30.6 per cent down, with an EBITDA of €42.8 million, down […]
Telefónica and Atresmedia have appointed Ignacio Corrales as Managing Director of Buendía Estudios. The new company, 50 per cent owned by both companies, aims to create and produce audiovisual content in Spanish worldwide. “The birth of Buendía Estudios is very good news for the Spanish audiovisual sector and highlights a strong production industry in our […]
The European Commission has given its green light to Buendía Estudios, the joint TV content production company set up by Telefónica and Atresmedia to produce Spanish-speaking productions internationally. The new combined company – the result of a recent deal between Telefónica and Atresmedia – will produce content to be distributed through all platforms in direct […]