PRISA

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Promotora de Informaciones, S.A
Sociedad Anónima
Traded as BMADPRS
NYSEPRIS
Industry Broadcasting, Publishing, Media, Internet, Entertainment
Founded 1972; 52 years ago (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]
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

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  2. Prisa: About us
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  6. Raphael Minder. "Prisa Looks for Return to Financial Health", The New York Times, 21 November 2010
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External links