Hope is fading fast for troubled Spanish digital terrestrial television operator Quiero.
Spain's Official Credit Institute (ICO) has committed 39 million euros ($34 million) in low-interest credit for feature film production in 2002, but it won't solve a sudden crisis in local production.
It's a case of geeks bearing gifts. Telefonica, Spain's biggest telco, has received government permission to switch from rolling out cable TV in Spain. Instead it has pledged to create a nationwide…
Film-TV conglom Admira and producer Andres Vicente Gomez have agreed to a 21.6 million euros ($18.8 million) capital increase at Lolafilms to refinance the film production company.
More pain for the cash-strapped Kirch Group: Spanish satcaster Via Digital is attempting to renegotiate the price it paid the German TV giant for 2002 World Cup soccer rights.
Prisa, Spain's second largest media group, is riding Spain's recession well, reporting net profits of 76.7 million euros ($66 million) for 2001, just 17.2% down on a year earlier.
Spain's biggest film and TV conglom Admira halved full-year net losses to 347.3 million euros ($310.1 million). Admira full-year revenues reached $1.3 billion.
Spanish film and TV conglom Sogecable has reported full-year net profits of 2.8 million euros ($2.5 million), up from losses of $10.2 million a year earlier -- one of the best performances by a pay…
Spaniards care little for their past, partly because it has been such a calamity. That attitude has carried over to films: Over the last decade, local historical pics were rare and usually box office…
The first TV Forum Europe, touted as a candidate to replace the defunct Monte Carlo TV market, kicked off Feb. 17 in Barcelona.