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PRISA

From Wikipedia, the free encyclopedia
Spanish mass media corporation
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Promotora de Informaciones, S.A.
Company typeSociedad Anónima
BMADPRS
ISINES0171743117
IndustryBroadcasting,Publishing,Media,Internet,Entertainment
Founded1972; 53 years ago (1972)
FounderJesús de Polanco
Headquarters
Key people
ServicesTelevision and radio production, press and publishing
RevenueDecrease €6.822 billion(2020)[1]
Number of employees
14,987(2020)[2]
SubsidiariesGrupo Santillana
Websitewww.prisa.com

Promotora de Informaciones, S.A. (PRISA) is a Spanishmedia conglomerate headquartered inMadrid, Spain. It is one of the largest media companies in Spain and inLatin America, producing a wide variety of educational, cultural and informative content. PRISA owns a portfolio of newspapers, magazines, radio stations, and television networks. The majority subsidiaries and brands of the company areEl País,Los 40, andSantillana.

History and profile

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The PRISA group was founded in 1972[3] The company was established as part of the Spanish transition towards democracy.[4] byJesús 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, the son of the philosopherOrtega y Gasset.[4] The son of Jesús de Polanco,Ignacio Polanco, succeeded him as the president of PRISA.[5]

In 2006, the share of the group in the Spanish press market was only 15%.[5]

As of 2010,[update] it was controlled byNicolas Berggruen.[6] At the end of 2010 theUS hedge fund Liberty Acquisitions Holdings acquired 51% of the company.[3]

In March 2014, Prisa sold part of theGrupo Santillana, theAlfaguara publishing house, toPenguin Random House for 72 million euros.[7]

In 2014, the Prisa group closed the sale of its 56% stake in theDigital+ channel marketed under the name Canal+ España toTelefónica for an estimated amount of 750 million euros.[8][9]

In 2016 it became known that PRISA had paid its board members 80 million Euros since 2012, despite deep cuts and layoffs in the newsrooms of El Pais, and a "95 percent crash in Prisa´s stock over the past 5 years" as well as debt of at least 1.5 billion Euros.[10]

In July 2017, Altice announced the acquisition of Media Capital, a Portuguese company dedicated to the media, which in particular owns TVI, Prisa, for approximately 440 million euros,[11] but which shortly after refused to sell it to Altice.[12]

In October 2017,Juan Luis Cebrián agreed to step down after chairing PRISA for "more than three decades".[10]

In October 2020, Santillana Spain was sold to the Finnish group Sanoma for 465 million euros, as the company announced to the National Securities Market Commission.[13]

In January 2021, French conglomerateVivendi announced the acquisition of a stake in the capital of Prisa,[14] amounting to 9.9%.[15][16]

Holdings

[edit]

Television

[edit]

Prisa TV was the company's audiovisual division. In Spain, its predecessor Sogecable launched the country's first pay channel (Canal+) and the first satellite payment platform (Canal Satélite Digital/Digital+), sold in May 2015 toTelefónica, giving birth to the currentMovistar Plus+ platform.[17]

Newspapers

[edit]
PRISA owns the following papers among the others[18][4]
  • El País: Daily newspaper. The most widely read general newspaper in Spanish. In July 2022, elpais.com's audience exceeded 18,099,000 unique users, placing it in fourth place behind eespano.com, elmundo.es and la vanguardia.com. Its printed edition has 762,000 daily readers, according to the second wave of AGE 2022.
  • Diario AS: Sports newspaper. Second most read sports newspaper in Spanish. As.com's audience exceeded 17,559,000 unique users in May 2020. Its print edition has 395,000 daily readers, according to the second wave of the 2022 EGMs.
  • Cinco Días: Business newspaper. Main economic press newspaper in Spain. Cincodias.com's audience exceeded 2,997,000 unique users in July 2020.
  • As of 2012, the company held a 50% interest inEl Huffington Post, the Spanish-language version of the news source.[4]

Magazines

[edit]
  • El País Semanal: Sunday magazine.
  • ICON: Men's magazine.
  • S Moda: Women's magazine.

Radio

[edit]

Prisa Radio is the company's radio division. It is the largest radio group in the Spanish language, with approximately 22 million listeners between Spain and Latin America.

In Spain, it owns the most listened to general radio station in the country, Cadena SER, and the music stations: Los 40 (current music), Los 40 Classic (vintage music), Los 40 Dance (electronic music), Los 40 Urban (music Latin), Cadena Dial (music in Spanish) and Radiolé (Spanish music). In Latin America, it has more than 1,250 stations, including its own, owned and associated stations, in countries such as Argentina, Chile, Colombia, Costa Rica, Panama and Mexico.

  • Cadena SER: News station.
  • Los 40: Contemporary hit radio station.
  • Los 40 Classic: Classic hits music station.
  • Los 40 Dance: Electronic dance music station (Online only).
  • Los 40 Urban: Urban hits music station.
  • Cadena Dial: Latin pop music station.
  • Radiolé: Spanish music station.
  • Caracol Radio: News station (Colombia).
  • ADN Radio: News station (Chile).
  • W Radio: News station (Mexico).

Internet

[edit]
  • El HuffPost: Web portal. Spanish edition of the American newspaper. The audience of huffpost.es exceeded 9,068,000 unique users in July 2022.

Audio

[edit]
  • El País Audio
  • AS Audio
  • SER Podcast
  • Los 40 Podcast
  • Dial Podcast
  • Podium Podcast

Educación

[edit]

Grupo Santillana

[edit]

Grupo Santillana is the editorial division of the group, present in Spain and 21 Latin American countries for more than 50 years. It includes the publishing houses Santillana Educación, Moderna or Santillana Français and has three digital education systems: Sistema UNO, Santillana COMPARTIR and Santillana virtual class.

PRISA also offers educational services and content (comprehensive solutions, textbooks, digital resources, support material, etc.) at all educational stages and published in Spanish, Portuguese and English. And it also provides advice to schools, which reinforces its commitment to the 2030 Agenda and acts as a transformative agent in education, helping to create better life opportunities for millions of students.

  • Santillana: creation of educational content for all training stages and appropriate to the regulations of each country.
  • Share: Santillana digital ecosystem aimed at teachers and administration.
  • UNOi System: platform that allows the management of the school structure and its digital content according to the needs of each school.
  • CREO System: CREO prepares students to face the challenges of today's world, instilling in them Christian values that will accompany them throughout their lives and that will make them mature people who work for and for society.
  • Loqueleo: young and dynamic label that collects the great children's and youth publishing collection with which Santillana has brought the best literature to schools over the last thirty years.
  • Richmond: interactive and multi-format content to make learning English and Spanish as a foreign language a stimulating and effective experience

International Prisa

[edit]

America

[edit]
  • Santillana is present in 20 countries in the region.
  • In the United States, it owns Caracol Miami, W Radio Los Angeles and the radio content network GLR Networks. It also owns 12% of the Spanish-language cable channel V-me.
  • In Mexico, it owns 50% ofRadiopolis (a group that brings together radio stations like XEW-AM orLos 40, the remaining 50% being controlled by Televisa). In addition, he is responsible, withTelevisa, for the Mexican edition ofRolling Stone.
  • In Argentina, it is a partner of Papel Prensa alongside GrupoClarín andLa Nación, making it the owners of 72% of the paper going to newspapers and magazines in Argentina.
  • In Chile, it ownsIbero Americana Radio Chile, a consortium of 10 channels which concentrate more than 50% of national programming. Its brands include Radio ADN,Radio Concierto, Rock & Pop, Los 40, to name a few.
  • In Colombia it has the most important talk radio systems such asCaracol Radio, W Radio and W+, in addition to the music networks Tropicana, Radioacktiva, Bésame Radio, Los 40, Los 40 Urban and Radio Santa Fe.
  • In Costa Rica, it operates the stationsVIVA Radio, Los 40 and Bésame Radio in collaboration with Grupo Nación and the Mexican company Multimedios.
  • In Ecuador, it maintains an agreement with the RGAW Comunicación group to operate Los 40 in that country.
  • In Panama, the general radio stationRadio Panamá and the radio show Los 40 operate.
  • In Bolivia, it previously held the assets of the Garafulic group (ATB, La Razón, Extra, El Nuevo Día, Bolivision, Radio Televisión Popular, Bolivia.com, among others) from 2002 until its subsequent sale to Aikashi Investiments in 2009.[19]

Organization

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Sources

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In 2021, PRISA Media presented its new organizational structure,[20][21]+its Upper management,[22] its Board of Directors and Board Committees:[23] and its Santillana management team.[24]

DirectionArea
High direction
Carlos Nunez MuriasExecutive Chairman of Prisa Media
Francisco Antonio Cuadrado PérezExecutive Chairman of Santillana
Pablo Jiménez de Parga MasedaSecretary of the Board of Directors
Maria Pilar Gil MiguelFinancial department
Jorge Rivera GarciaBusiness management and institutional relations
Rosa Junquera SantiagoSustainable Development Department
Marta Bretos SerranoPeople and talent management
Ana Ortas-PauCommunication Department
Virginia Fernández IribarnegarayInternal Audit Department
Prisa Media
Carlos Nunez MuriasExecutive Chairman
Enric Hernández LlorenteDeputy to the President (Responsible for corporate development)
Fernando Garcilaso de la VegaVice President of Prisa Media
Vanessa Hernández FerreiroGeneral Manager of Operations
Javier Munoz MartinezGeneral Director of the Legal Department
Maria Luisa Manzano PorterosGeneral Sales Director
Juan Antonio Canton MolinaGeneral Press Director (El País, As, Cinco Días and El HuffPost )
Ignacio Soto PerezGeneral Director of Radio in Spain (Cadena SER, Los 40 y Cadena Dial)
Maria Jose Bueno MarquezDirector ofEl País
Vicente Jimenez NavasDirector ofAs
David Fernández SanchidriánDirector ofElHuffPost
Amanda Mars ChecaDirector ofCinco Dias
María Montserrat Domínguez MontoliCadena SER Content Director
José Luis Gutiérrez CuéllarManaging Director of Digital and Technology
Francisco Javier Llorente CamposManaging Director of Video
Maria Jesus Espinosa de los MonterosGeneral Manager of Audio
Vicent Argudo EsteveGeneral Director of Music
Luis Baena ReigManaging Director of Marketing and Audiences
Cristina Gonzalo OrchandoCommercial, Product and Innovation Marketing Director
Jesus Aspra RodriguezMarketing Director
Manuel Anton Castro SanjurjoDirector of Transformation and Customer Service
Felipe Cabrales UrdanetaCEO in America
Juan Andrés Varela VarelaDirector in the United States
Francisco Enrique Cabanas SoriaDirector in Mexico
Ricardo Berdichesky SommerfeldDirector in Chile
Antonio Yélamo CrespilloDirector at Prisa Media in Andalucía
José María Tejerina SánchezDirector at Prisa Media in Aragón
Pablo González-Palacios OrteaDirector at Prisa Media in Asturias
Josep Roquer ZaragozaDirector at Prisa Media in the Balearic Islands
Lourdes Santana NavarroDirector at Prisa Media in Canarias
Monica Revilla SierraDirector at Prisa Media in Cantabria
Felix Amaya FernandezDirector at Prisa Media in Castilla-La Mancha
Ramiro Martin VegaDirector at Prisa Media in Castilla y León
Jaume Serra SaguerDirector at Prisa Media in Cataluña
Bernardo Guzman MontoroDirector at Prisa Media in the Comunidad Valenciana
Angel Blanco EscuderoDirector at Prisa Media in Extremadura
Mario Moreno GilDirector at Prisa Media in Galicia
Domingo Camacho FernándezDirector at Prisa Media in Murcia
Javier Hoyos GarciaDirector at Prisa Media in Navarra and La Rioja
María Begoña Marañón UnanueDirector at Prisa Media in the Country Vasco
Alejandro Elortegui EscartinEngine and New Projects Director
Fernando Hernández PuenteDesign Director
Raul Romojaro Martin-CaroDeputy Engine Director
José María Delgado JiménezAssistant Director of Music
Ramon TapiasDirector of Cadena Dial, Radiolé and Los 40 Classic
Miguel Angel Corral SalasDirector of Musical Events
Santillana
Francisco Antonio Cuadrado Pérezexecutive chairman of Santillana
Julio Alonso PenaOperational Managing Director
José Málaga CochellaGlobal Chief Technology Officer
Luciano Dias MonteiroDirector of Communication and Sustainable Development
Raquel González GonzálezGlobal Marketing Director
Nuria Quevedo RuizGlobal Human Resources Director
Miguel Garcia de AnteloDirector General of Private Enterprises
Luis Guillermo Bernal RamirezDirector of Global Content
Maria del Carmen Eulalia PajaresGlobal Finance and Controlling Director
Alberto Muñoz CéspedesManaging Director of Santillana Editores Portugal
Jose Angelo Xavier de OliveiraManaging Director of Moderna Brazil
José Henrique del Castillo MeloGlobal Director of Private Affairs in Brazil
Alejandro Nestor AvakianManaging Director of Moderna Solutions Brazil
Alberto Polanco BlancoMexico General Manager (Private Company)
David Delgado of Robles de la PeñaDirector General of Mexico (Public Enterprises)
Luis Alonso GonzalezGeneral Manager for North Central America (Guatemala, Honduras and El Salvador)
Pedro Luis Ayuso GilDirector General of the Dominican Republic
Victor PerezDeputy Director General of Puerto Rico
Diego CeruttiGeneral Manager of South Central America (Costa Rica, Panama and Venezuela)
Arturo OrtegaCEO of Venezuela
Eduardo Rafael Echeverría CorreaCEO of Colombia
Rodrigo de la Ossa IzquierdoCEO of Santillana Colombia
Diego Alberto IdarragaDirector of Norma Colombia
Alex GuerreroCEO of Ecuador
Fernando Martin Esteves FrosCEO of Peru
Carola Ossio BustillosCEO of Bolivia
Alejandro Solari OliveraGeneral Manager of Chile (Private company)
Mauricio Montenegro LopezDirector General of Chile (Public Enterprises)
Ivonne Petersen MiddletonCEO of Paraguay
Fernando Rama FaleroCEO of Uruguay
Jose Linán LozanoCEO of Argentina
Board of Directors and Board Committees
Joseph Marie Oughourlian (Director and Owner of Amber Active Investors Limited, 12/18/15)Chairman of the Board of Directors and of the Executive Committee
Miguel Ángel Barroso Ayats (owner director representing Amber Capital UK LLP, 3/22/18)Member of the Board of Directors and of the Sustainable Development Commission
Francisco Cuadrado Pérez (executive advisor, 7/27/21)Member of the Board of Directors and the Commission of Delegates
Béatrice de Clermont-Tonnerre (independent director, 3/6/19)Member of the Board of Directors and the Delegates and Sustainable Development Committee, coordinating director and chairman of the Nomination, Remuneration and Corporate Governance Committee
Carmen Fernández de Alarcón Roca (exclusive director for Vivendi, 6/29/21)Member of the Board of Directors and the Nomination, Remuneration and Corporate Governance, Audit, Risk and Compliance and Sustainable Development Committees
María Pilar Gil Miguel (executive advisor, 2/28/23)Member of the Board of Directors and the Commission of Delegates
María José Marín Rey-Stolle (independent director, 2/23/21)Member of the Board of Directors and the Delegates and Audit, Risk and Compliance Committees
Carlos Núñez Murías (executive advisor, 6/29/21)Member of the Board of Directors and the Commission of Delegates
Manuel Polanco Moreno (exclusive manager for Rucandio, 4/19/01)
María Teresa Quirós Álvarez (independent director, 11/30/21)Member of the Board of Directors and of the Sustainable Development Committee and Chairman of the Audit, Risks and Compliance Committee
Javier Santiso Guimaras (independent director, 12/22/20)Member of the Board of Directors and of the Committee of Delegates and of the Nomination, Remuneration and Corporate Governance Committee
Andrés Varela Entrecanales (exclusive director for Global Alconaba, 7/9/22)Member of the Board of Directors
Fernando Carrillo Pérez (independent director, 6/28/23)
Isabel Sánchez García (independent director, 6/28/23)
Pablo Jiménez de Parga MasedaSecretary of the Board of Directors and delegated committees, Audit, Risks and Compliance, Appointments, Remuneration and Corporate Governance and Sustainable Development

Shareholding

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Shareholding of the Prisa group as of January 22, 2021[25] ,[26]
ShareholderKey charactersGo
 Amber Capital UK LLPJoseph Oughourlian29.84%
Vivendi SEVincent Bolloré9.93%
Telefonica SAJose Maria Alvarez-Pallete9.44%
Polanco family (Rucandio SA)Ignacio Polanco7.61%
Khalid Thani Abdullah Al Thani5.13%
GHO Networks SA de CVRoberto Alcántara Rojas5.01%
Inversora de Carso, SA de CV4.30%
Banco Santander SA4.14%
Carlos Fernández González4.02%
Melqart Opportunities Master Fund Ltd2.20%
Polygon European Equity Opportunity Master Fund1.10%

See also

[edit]

References

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  1. ^"Annual Results 2010"(PDF).Prisa. Archived fromthe original(PDF) on 27 July 2011.
  2. ^Prisa: About usArchived 12 April 2011 at theWayback Machine
  3. ^abJulia Pastor (27 December 2013)."Prisa Group: Dismantling of Spain's Top Media Giant Means End of an Era".The Corner. Madrid. Retrieved26 November 2014.
  4. ^abcd"Country Profile: Spain". Institute of Media and Communications Study. Archived fromthe original on 21 February 2015. Retrieved21 February 2015.
  5. ^abcAndrea 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. Retrieved12 December 2014.
  6. ^Raphael Minder. "Prisa Looks for Return to Financial Health",The New York Times, 21 November 2010
  7. ^Confidencial, El (18 April 2013)."Santillana vende Alfaguara y sus sellos literarios a Random House".elconfidencial.com (in Spanish). Retrieved8 August 2023.
  8. ^J, M. (2 June 2014)."PRISA firma la venta del 56% de Canal+ a Telefónica por 750 millones".El País (in Spanish).ISSN 1134-6582. Retrieved8 August 2023.
  9. ^"Prisa vend Digital + à Telefonica".LEFIGARO (in French). 3 June 2014. Retrieved8 August 2023.
  10. ^abHerman, Marc."Spain's most famous paper stumbles amid Catalonia independence crisis". Retrieved7 April 2024.
  11. ^"Patrick Drahi s'offre la première télé portugaise".Les Echos (in French). 14 July 2017. Retrieved8 August 2023.
  12. ^"Autores".Dinheiro Vivo (in European Portuguese). Retrieved8 August 2023.
  13. ^"PRISA refinancia su deuda hasta 2025 y acuerda la venta de Santillana España por 465 millones".El País (in Spanish). 19 October 2020. Retrieved11 September 2023.
  14. ^"Après Prisma Media, Vivendi se renforce sur le marché hispanophone".La Tribune (in French). 22 January 2021. Retrieved8 August 2023.
  15. ^"Vivendi Acquires Stake in Spanish-Language Publishing Group Prisa". 22 January 2021.
  16. ^"Vivendi raises its stake in PRISA to 9.9% - Vivendi".
  17. ^Gómez, Rosario G. (7 May 2014)."PRISA acepta la oferta de compra de Telefónica sobre el 56% de Canal+".El País (in Spanish).ISSN 1134-6582. Retrieved11 September 2023.
  18. ^"Spain- Newspapers".G2MI. Archived fromthe original on 13 April 2015. Retrieved26 November 2014.
  19. ^"Prisa vende por 3,1 millones sus acciones en la TV boliviana ATB".Cinco Días (in Spanish). 21 January 2009. Retrieved11 September 2023.
  20. ^"PRISA Media presenta su nueva estructura organizativa".El País (in Spanish). 12 September 2021. Retrieved11 September 2023.
  21. ^Prisa."Luis Baena, nuevo director general de Marketing de PRISA Media | Prisa".www.prisa.com (in Spanish). Retrieved11 September 2023.
  22. ^Prisa."Alta dirección".www.prisa.com (in Spanish). Retrieved11 September 2023.
  23. ^Prisa."Consejo de Administración y Comisiones del Consejo".www.prisa.com (in Spanish). Retrieved11 September 2023.
  24. ^Prisa."Equipo directivo".www.prisa.com (in Spanish). Retrieved11 September 2023.
  25. ^Soteras, Jaime (28 February 2015)."¿Quiénes son los 10 mayores accionistas de Prisa?".infoLibre (in Spanish). Retrieved11 September 2023.
  26. ^"Telefónica eleva su participación en Prisa al 13,05%". Europa Press. 20 February 2016. Retrieved11 September 2023.

External links

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