Juan Luis Cebrian

Prisa executives withdraw from Mediaset board

Juan Luis Cebrián and Manuel Polanco, the president and vice-president respectively of Spanish media group Prisa, have resigned as directors of Mediaset España as a result of the reduction of Prisa’s stake in Mediaset’s Spanish operation to 5.1%.  Polanco has withdrawn from the group’s excutive committee and nomination and remuneration committee, while Cebrián has withdrawn […]

Prisa mulls Chapter 11 bankruptcy

Spanish pay TV operator Prisa is reportedly considering filing for Chapter 11 bankruptcy protection in the US. According to a Wall Street Journal report, which cites people familiar with the situation, the move would come as Prisa seeks to refinance some US$3 billion (€2.3 billion) of debt. The report said that while Chapter 11 is […]

Prisa refinancing plan ‘in final stages’

Spanish pay TV and media group Prisa TV is “in the final stages” of refinancing its debt, with 70% of lenders on board with the plan, according to Prisa CEO Juan Luis Cebrian. Speaking at the firm’s annual general meeting – in his first address to Prisa’s shareholders since his appointment as CEO last July […]