Consortium led by Spanish publishing houses
GIJON, Spain — Significantly increasing the presence of foreign groups in the vibrant Spanish TV market, a combo of the U.K.’s Pearson Group and Italy’s Rizzoli Group has won a fifth, free-to-air TV license for Spain.
The Pearson/Rizzoli consortium, Veo TV, is led by Spanish publishing houses the Recoletos Group and Unidad Editorial, which are majority controlled by Pearson and Rizzoli, respectively. Unidad Editorial owns Spanish daily newspaper El Mundo.
The Spanish government awarded a second, new, free-to-air franchise Friday to Net TV, a consortium controlled by Prensa Espanola, owners of newspaper ABC, and Pantalla Digital, a joint venture of top TV production houses the Arbol Group and Telson/Cartel.
Adding more competition and product demand in the Spanish TV market, Veo TV and Net TV will launch their channels in the second half of 2001. They will be digital feeds.