SEPI, Spain’s industrial public entity, is planning to acquire a 5 per cent stake in Telefónica. The move is aimed at strengthening the presence of the State in a “strategic company” such as Telefónica at a time when Saudi’s STC is taking an important stake in the operator, subject to the Government’s approval. According to […]
DAZN, the sports entertainment platform, has acquired the rights to broadcast Formula 1 exclusively in Spain for the next three seasons. Under the multi-year deal, DAZN will be responsible for the production of F1 in market until 2026. Racing fans can continue to watch all practice and qualifying sessions, F1 Sprint Events and Grands Prix […]
Mediapro, the sports rights and broadcast production group based in Spain, has confirmed that founding member and managing partner Jaume Roures will leave the company after nearly three decades. His exit came at the request of Mediapro majority shareholder Southwind Group, which controls over 80 per cent of the group, as well as minority shareholder […]
Telefónica’s second brand, O2, has revamped its services and added pay-TV to its offering with the launch of the Movistar Plus OTT platform. O2 subscribers in Spain will now be able to watch Movistar Plus at a cheaper price of €12 a month compared to €14 through other operators. ustomers have to go to its […]
Spain’s Telefónica is set to approve an early retirement plan that may affect up to 5,000 staff through to 2026. According to Expansión, the company estimates that between 2,500 and 3,000 workers will accept the redundancy keeping in mind a similar plan in 2021 when 2,982 workers accepted it out of a total of 4,532. […]
LaLiga has urged Spain’s Government to approve new legislation to ban on “pirate users entry to events” in a similar legal measure to Italy. “We are lacking of that final step to put an end to massive piracy,” said Javier Tebas, president of LaLiga, at a Europa Press event. “We have already been using the […]
Spain’s largest TV group Atresmedia, owner of Antena 3 TV and La Sexta among other TV channels, saw its profit to September fall by 4.4 per cent to €71.5 million. In line with this, its EBITDA fell by 5.4 per cent to €110.3 million. But revenues grew by 1.8 per cent to €666.4 million, boosted […]
Orange TV is now available on Apple TV devices in Spain giving access to its 60 TV channels offer as well as other functionalities like recording programmes, watching content from the last 7 days, start over function and multi-device viewing. In addition, Orange has launched two new channels – LaLiga + and Nautical Channel – […]
8TV, the TV channel that claimed to be the alternative to the pubcaster TV3 in Catalonia, has closed down after 22 years of operation. The channel was launched in 2001 under the name of City TV, owned by Godo Group. Subsequently, in 2006, it was renamed as 8TV with the aim of being an alternative […]
Spain’s three largest telcos – Telefónica, Vodafone and Orange – have urged the EU for a more flexible legal framework that eases mergers in order to face the substantial investments needed in the sector. In a conference organised by El Economista, the president of Telefónica Esoaña, Emilio Gayo, said that the current legislation “is obsolete, […]