El Pais Entertainment Music Latin Publishing spanish El Pais

Vivendi Acquires Stake in Spanish-Language Publishing Group Prisa

Reading now: 668
variety.com

Elsa Keslassy International CorrespondentVivendi, the parent company of Canal Plus and Universal Music Group, has acquired a 7.6% stake in Prisa, one of the Spanish-speaking world’s largest media groups, which owns El Pais newspaper, among other assets.The deal is part of “Vivendi’s ongoing strategy to become a global leader in content, media and communications, while extending its access to the Spanish-speaking markets in Europe, Latin America and U.S Hispanics,” said Vivendi in a statement.

Vivendi also said its strategy was aligned with that of Prisa as far as developing educational subscription services, as well as news and entertainment content.Besides El Pais, Prisa also owns Santillana, Cadena SER, Radio Caracol, AS and Los 40.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA