Mediapro

Spanish audiovisual group From Wikipedia, the free encyclopedia

Mediapro

Mediaproducción, S.L.U., better known as Mediapro, is a multimedia communications group in Spain founded in April 1994[1] in Barcelona. The company is well involved in movie and television production.[2]

Quick Facts Trade name, Company type ...
Mediaproducción, S.L.U.
Mediapro Grup
Company typeSubsidiary
IndustryMedia rights management
FoundedApril 1994; 31 years ago (1994-04)
FounderJaume Roures
Tatxo Benet
Gerard Romy
Headquarters,
Spain
Area served
Spain, Portugal
Key people
Tatxo Benet (CEO)
Revenue 1.967 billion € (2018)
91 million € (2013)
122 million € (2013)
Number of employees
8,219
ParentImagina Media Audiovisual, S.L.
Websitewww.mediapro.tv
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The company holds branch offices in Madrid, Seville, Girona, Lisbon, Madeira, Rabat, Budapest, Miami, Buenos Aires, Santa Cruz de la Sierra, Rio de Janeiro, Porto, Qatar, Amsterdam, and Tenerife.

Southwind, that maintains different teams and operation entities across Hong Kong, North America, Europe, and the United Kingdom is the majority shareholder. Minority stakes held by WPP and the founding partner.[3][4]

Operations

Summarize
Perspective

Canada

On 21 February 2019, Canadian Soccer Business (CSB) announced that Mediapro would serve as the exclusive media rightsholder of Canada Soccer, including rights to the Canadian Premier League, the Canadian Championship, and national team matches.[5] In April, Mediapro announced OneSoccer, a subscription service that would carry this content.[6][7]

On 25 January 2024, CSB withdrew media and broadcast rights from Mediapro and initiated legal action against the group, citing missed rights payments and insufficiently reach of sub-licensing agreements with linear television networks to broaden the reach of its content. Mediapro countered with arguments that CSB did not meet its own obligations, including expansion of the Canadian Premier League.[8] CSB and Mediapro later reached a settlement, in which Mediapro would be allowed to back out of its contract with CSB at the end of 2024, and OneSoccer would be divested to a company controlled by one of CSB's chairmen.[9][10]

France

On 29 May 2018, Ligue de Football Professionnel (LFP) announced that Mediapro had acquired four of the five main lots for media rights to Ligue 1 and Ligue 2 for 2020–21 through 2023–24 seasons.[11][12][13] Mediapro partnered with TF1 Group to form a new channel known as Téléfoot to hold these rights.[14][15] In December 2020, after missing two rights payments early in its first season (citing a desire to renegotiate the contract due to the financial impact of the COVID-19 pandemic), Mediapro and the LFP agreed to exit the contract.[16]

Argentina

On January 20, 2022, CNDC ordered The Walt Disney Company to divest the Fox Sports television network from the acquisition of 21st Century Fox in order to get an approval from the government of Argentina.[17] On February 15, 2022, Mediapro announced it would acquire Fox Sports Argentina from Disney.[18] The sale was approved by the CNDC on April 27, 2022.[19]

See also

References

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