Letter from
President
DEAR FRIENDS:
In this my first letter as Chairman of PRISA, I’d like to stress the crucial importance of this moment in time
for the Group and its future prospects. We embark on an exciting new era in 2018, after nearly a decade of
global economic crisis and enormous difficulties for the sectors and for the geographical areas in which we
operate. This has required significant effort and sacrifice from our shareholders and employees. But such
sacrifice has meant that we are now finally able to catch a glimpse of the much-needed financial stability
that will allow us to forge ahead with the development of the Group in the long term.
PRISA has a solid project for the future, one that is based on professional talent and a firm commitment to
defending the democratic values of freedom and equality, both essential if we are to meet the challenges
facing our society, a society which is now part of a broader digital ecosystem and assailed on all sides by
confusion, fake news and so-called post-truth.
Our company sets the gold standard throughout Ibero-America for the creation and distribution of quality
cultural and educational content that seeks to safeguard the development and progress of all those societies
in which we operate. Since the very outset, our company has actively promoted a wide range of social
and cultural endeavors consistent with our business model while also promoting and raising awareness
of social issues and sustainable development. Our work in the area of Corporate Social Responsibility has
been recognized and honored repeatedly, and we actively participate in major social platforms, organizations
and institutions such as the Global Compact of the United Nations, on whose Executive Committee
we sit via its Spanish Network.
Our core operations are tightly linked to the creation of value and service to citizens. Value for our shareholders,
our customers and our users, for our employees and for society at large. Testament to our constant
innovation is the growth of audiences for all our media and the robust performance of our learning
systems in Ibero-America.
I am convinced that PRISA has a future worthy of its prestige and institutional legacy. And I want to thank
each and every one of those who are part of the Company for their invaluable contributions, their unceasing
effort and commitment, all of which will be essential as the Group steps forward into a decisive new
era. I am sure that we will succeed, thanks to your talent and enthusiasm.
Kind regards,
Manuel Polanco
Chairman of PRISA