Spain's largest media conglomerate, PRISA, has just reported net profits of $ 41.7 million for 1992, a 28% increase over 1991 figures.
Miami-based company Taurus Programming Services last week announced plans for launching a six-channel satellite service for the Spanish-speaking market in Europe.
Spain's first live debate between two prime ministerial candidates ever broadcast on television was aired Monday night on private channel Antena 3.
Venezuelan media honcho Gustavo Cisneros is poised to buy out Rupert Murdoch's 25% stake in Antena 3 TV, according to press reports Friday.
Pubcaster RTVE has submitted an official bid for two national DBS channels and two Latin American channels on Spanish satellite Hispasat.
The European Court in Luxembourg has issued a preliminary ruling that existing Spanish law on film distribution quotas goes against European free trade policies in the Treaty of Rome.
Director Carlos Saura's 1992 Olympic film "Marathon" will receive government funds, after having been passed over in the first round of Film Institute subsidies granted last March.
The Spanish Council of Ministers passed approval on final details for bidding on the first three private direct broadcast satellite channels to go up on the Hispasat bird.
After two years of dickering, the Spanish government and pubcaster RTVE have finally worked out all the details surrounding $ 540 million in subsidy funds for the web.
A massive delegation of government dignitaries and film industryites from Spain were on hand in Buenos Aires, Argentina, for the Wednesday opening of the Nuevo Cine Gloria -- a theater dedicated to…