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Press Releases tags: Corporate

Juan Varela to head PRISA Media in the US

09-06-2022

PRISA Media has taken another step forward in its commitment to the US market with the appointment of Juan Varela to lead its operations in the United States. Varela, a professional with wide-ranging experience in the world of digitization and media management, will oversee PRISA Media’s business development and new projects in this key market.

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PRISA appoints Pilar Gil as Chief Financial Officer

24-05-2022

PRISA’s Board of Directors has today accepted the resignation, for professional reasons, of the group’s Chief Financial Officer, David Mesonero, and has appointed Pilar Gil as his replacement.

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PRISA Media breaks into the US media market in partnership with Audio leader iHeartMedia

11-05-2022

  • Strategic agreement to integrate the streaming services of PRISA Media's spoken-word radio networks into the iHeartRadio catalog.
  • iHeartRadio has more than 3 billion downloads and 159 million registered users and is available on more than 250 platforms.
  • iHeartMedia reaches 90 percent of Americans each month, offering PRISA Media the opportunity to reach the US Spanish-language market at scale.

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PRISA agrees deal with Grupo Godó to acquire its 20% of the capital of the Radio division

04-05-2022

PRISA has reached an agreement to acquire the 20% of the capital of the Radio division currently held by Grupo Godó. PRISA Media, a wholly-owned subsidiary of Grupo PRISA that encompasses the press and radio businesses, will pay a total of 45 million euros – 30 million at the signing of the agreement and the remaining 15 million to be paid in 2023. 

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EL PAÍS surpasses 200,000 subscribers in just two years

04-05-2022

Of the total, 164,200 are exclusively digital subscribers

Just two years after the launch of its digital subscription model, EL PAÍS has surpassed the figure of 200,000 subscribers. The newspaper, which has registered sustained growth well above that of other titles, enjoys a wide lead in the sector in Spain.

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PRISA reports first-quarter profit after seeing strong growth for all its businesses

26-04-2022

  • The Group announces a positive net result of EUR 100,000 compared to losses of 13.8 million registered between January and March 2021 thanks to restructuring undertaken throughout 2021 and the steady operational improvement of its Education and Media divisions.
  • PRISA generated Q1 revenues of EUR 210.6 million, 32.8% more than in the same period of the previous year.
  • EBITDA, excluding severance payouts, was EUR 43.8 million, 156.3% more than between January and March 2021.
  • The Group’s commitment to digital transformation continues to drive growth: there are nearly 2.5 million students using the company’s subscription models in Latin America (500,000 more than in December); 196,228 subscribers to EL PAÍS (of whom 155,939 are exclusively digital); a total of 77.4 million streaming hours per month (+19%); and 46 million podcast downloads (+49%).

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