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Grupo PRISA

Grupo PRISA

PRISA is a communication group of transnational capitals based in Spain. Until 2009, its main shareholders were members of the Polanco family, who held interests in communication. However, when PRISA’s debt started to grow, several funds (Amber Capital, Oviedo Holdings, GHO Networks) and banks (Santander and HSBC) became shareholders. Telefónica Spain also holds stock.

Its main companies include newspaper El País from Spain, Diario As, Cadena Ser and publishing house Editorial Santillana (its educational segment).

It is the main radio network in Latin America, with music only and spoken-word stations in Colombia (Caracol), Mexico (W Radio), Ecuador, Chile, Guatemala, Panama, Costa Rica, Paraguay and the Dominican Republic. In Argentina, it started to operate in 2004, when it purchased Radio Continental AM 590 and FM 105.5 from Telefónica Spain. The FM radio station became its international music station: Los 40. It also owns educational publishing houses Santillana and Kapelusz.

In 2015, mirroring its operations in Chile, it decided to merge its stations in Argentina with those belonging to Grupo Albavisión. As a result of this merger, it owns 55% of the stock of a trust made up of five radio stations (Radio Continental, FM Los 40, FM RQP, FM Mucha Radio and FM Aspen).

In 2017 Grupo PRISA recorded losses amounting to USD 125 million globally.

Key facts

Mother Company

Promotora de Informaciones S.A.

Business Form

Private

Legal Form

Joint stock corporation

Business Sectors

Concert production

Ownership

Individual Owner

Joseph Oughourlian

He is the owner of Amber Capital, majority shareholder of Grupo PRISA. He manages a 1.8 billion investment portfolio in several places in the world, with invesment funds in England, United States and Italy. He has invested in several industries in Spain.

26.3%
Media Outlets
Other Media Outlets

Other Radio Outlets

Radio Continental AM 590 (Buenos Aires)

Other Online Outlets

www.los40.com.ar

Facts

Business

Publishing house

Santillana

Print media (Spain, Mexico and Brazil)

El País

Print media (Spain)

Diario AS

Radio station (Spain)

Cadena Ser

Radio station (Spain, Chile, Paraguay, Mexico, Ecuador, Dominican Republic, Panama, Nicaragua, Costa Rica, Guatemala)

Los40

Radio station (Chile)

ADN Radio

Radio (Colombia)

Radio Caracol

Radio station (Colombia)

W Radio

Radio station (Mexico)

Kebuena

Radio station (Panama)

FM Panamá

Print media (Colombia, Mexico and Chile)

General Information

Founding Year

1972

Affiliated Interests Founder

Jesús de Polanco

Founder of publishing house Editorial Santillana, he did business during the school reform championed by Franco’s regime, when Basic General Teaching was established using his publishing house’s books. He launched newspaper El País in 1976 and he purchased Cadena Ser in 1985.

Employees

Missing data

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

€686,000 (only in Argentina)

Advertising (in % of total funding)

Missing data

Management

Executive Board

Ramiro Vega

President of the board. Manager of Santillana before moving to PRISA Radio Argentina

Other Influential People

Manuel Polanco

Owns 15% of the group. As a member of the Polanco family, he owns investment fund Rucandio Inversiones, with interests in oil and hospitality companies, as well as in other funds.

Further Information

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Sources

Becerra, Martín y Mastrini, Guillermo (2017). Medios en guerra: balance, crítica y desguace de las políticas de comunicación 2003-2016. Biblos, Buenos Aires.

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