Telefónica secures key La Liga rights

Telefónica has secured the two most attractive packages of four lots of top-tier Spanish football rights awarded by La Liga. The Spanish league has so far awarded four blocks of rights to the 2019-22 seasons out of a total possible eight, with Telefónica securing lots four and five for €980 million a season. The telco […]

Chinese conglomerate buys Mediapro majority shareholding

Chinese conglomerate Orient Hontai Capital (OHC) has confirmed it is taking a majority holding in Spanish-language production giant and broadcaster Imagina Media Audiovisual (Mediapro). The deal sees OCH acquiring the stakes of Torreal, Televisa and co-founder Gerard Romy’s Mediavideo, which owned 22.5%, 19% and 12% respectively. This means OCH will own 53.5% overall and that […]

Imagina suspends US CEO, installs new chief after FBI raid

Spain’s Grupo Imagina is installing a new management team at Media World Sports, its US subsidiary company that was raided by the FBI last week. It has put one of its key Spanish execs, Irantzu Díez Gamboa, in charge of the US operation following the raid at the sports rights company. Imagina has suspended Media […]