Advanced Television

Atresmedia

Spain: Atresmedia’s profit down 67.4%

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 […]

July 30, 2020From David Del Valle in Madrid

Corrales appointed MD of Buendía Estudio

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 […]

July 17, 2020

Telefónica, Atresmedia deal cleared by EC

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 […]

June 18, 2020From David Del Valle in Madrid