PRISA

Promotora de Informaciones, S.A
Sociedad Anónima
Traded as BMAD: PRS
NYSE: PRIS
Industry Broadcasting, Publishing, Media, Internet, Entertainment
Founded 1972 (1972)
Founder Jesús de Polanco
Headquarters Madrid, Spain
Key people
Ignacio Polanco (Chairman)
Juan Luís Cebrián (CEO)
Services Television and radio production, press and publishing
€2.822 billion (2010)[1]
Number of employees
14,987 (2009)[2]
Subsidiaries Grupo Santillana
Website www.prisa.com

Promotora de Informaciones, S.A (PRISA) is a Spanish media conglomerate.

History and profile

The PRISA group was founded in 1972[3][4] by Jesús de Polanco who was the major shareholder and the president of the company until his death on 21 July 2007.[5] The other founder was José Ortega Spotorno, a son of the philosopher Ortega y Gasset.[4] The company was established as part of the Spanish Transicion.[4] The son of Jesús de Polanco, Ignacio Polanco, succeeded him as the president of PRISA.[5]

The share of the group in the Spanish press market was 15.1% in 2006.[5]

As of 2010 it was controlled by Nicolas Berggruen.[6] At the end of 2010 the US hedge fund Liberty Acquisitions Holdings acquired 51% of the company.[3]

Holdings

As of 2012, the company holds a 50% interest in El Huffington Post, the Spanish language version of the news source.[4] As of 2014 the PRISA group owned 95% of the Portuguese media company, Media Capital which controls the TV channel TVI, and several radio stations, among others.[7]

Newspapers

PRISA owns the following papers among the others[8][4]

Magazines

PRISA noticias

Music and radio

PRISA radio

Television

PRISA TV

References

  1. "Annual Results 2010" (PDF). Prisa.
  2. Prisa: About us
  3. 1 2 Julia Pastor (27 December 2013). "Prisa Group: Dismantling of Spain’s Top Media Giant Means End of an Era". The Corner. Madrid. Retrieved 26 November 2014.
  4. 1 2 3 4 5 "Country Profile: Spain". Institute of Media and Communications Study. Retrieved 21 February 2015.
  5. 1 2 3 Andrea Czepek; Melanie Hellwig; Eva Nowak (2009). Press Freedom and Pluralism in Europe: Concepts and Conditions. Intellect Books. p. 278. ISBN 978-1-84150-243-4. Retrieved 12 December 2014.
  6. Raphael Minder. "Prisa Looks for Return to Financial Health", The New York Times, 21 November 2010
  7. "Portuguese Media". BPI Equity. 5 March 2014. Retrieved 2 February 2015.
  8. "Spain- Newspapers". G2MI. Retrieved 26 November 2014.
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