Grupo Prisa (Spain)


Grupo Prisa is the dominant mediaowner in Spain with broad interests across all print media, cable and terrestrial broadcasting and radio. Prisa's best known brand is El Pais, Spain's best-selling quality newspaper, and a long-established champion of civil liberties, founded in 1976, six months after the death of Spanish dictator General Franco, as the country struggled towards democracy. The company has steadily strengthened its domestic portfolio to stay ahead of competitors, and its move into international markets, mainly in Latin America, has been similarly cautious but methodical. However the group's financial stability was badly dented in 2007 by an ill-fated attempt to restructure its cable and TV businesses. It still controls the company's leading pay TV network, Digital+, but sold significant shareholdings in that business to minority partners at the end of 2009. 

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