Mediapro

Mediaproducción, S.L.U.
Mediapro Grup
Company typeSubsidiary
IndustryMedia rights management
FoundedApril 1994; 30 years ago (1994-04)
FounderJaume Roures
Tatxo Benet
Gerard Romy
Headquarters
Barcelona
,
Spain
Area served
Spain, Portugal
Key people
Tatxo Benet (CEO)
RevenueIncrease 1.967 billion € (2018)
Increase 91 million € (2013)
Increase 122 million € (2013)
Number of employees
8,219
ParentImagina Media Audiovisual, S.L.
Websitewww.mediapro.tv

Mediaproducción, S.L.U., better known as Mediapro, is a multimedia communications group in Spain founded in April 1994[1] in Barcelona. The company is well involved in movie and television production.[2]

The company holds branch offices in Madrid, Seville, Girona, Lisbon, Madeira, Rabat, Budapest, Miami, Buenos Aires, Santa Cruz de la Sierra, Rio de Janeiro, Porto, Qatar, Amsterdam, and Tenerife.

Southwind, that maintains different teams and operation entities across Hong Kong, North America, Europe, and the United Kingdom is the majority shareholder. Minority stakes held by WPP and the founding partner. [3] [4]

Operations

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Canada

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On 21 February 2019, Canadian Soccer Business (CSB) announced that Mediapro would serve as the exclusive media rightsholder of Canada Soccer, including rights to the Canadian Premier League, the Canadian Championship, and national team matches.[5] In April, Mediapro announced OneSoccer, a subscription service that would carry this content.[6][7]

On 25 January 2024, CSB withdrew media and broadcast rights from Mediapro and initiated legal action against the group, citing missed rights payments and insufficiently reach of sub-licensing agreements with linear television networks to broaden the reach of its content. Mediapro countered with arguments that CSB did not meet its own obligations, including expansion of the Canadian Premier League.[8] CSB and Mediapro later reached a settlement, in which Mediapro would be allowed to back out of its contract with CSB at the end of 2024, and OneSoccer would be divested to a company controlled by one of CSB's chairmen.[9][10]

France

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On 29 May 2018, Ligue de Football Professionnel (LFP) announced that Mediapro had acquired four of the five main lots for media rights to Ligue 1 and Ligue 2 for 2020–21 through 2023–24 seasons.[11][12][13] Mediapro partnered with TF1 Group to form a new channel known as Téléfoot to hold these rights.[14][15] In December 2020, after missing two rights payments early in its first season (citing a desire to renegotiate the contract due to the financial impact of the COVID-19 pandemic), Mediapro and the LFP agreed to exit the contract.[16]

Argentina

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On January 20, 2022, CNDC ordered The Walt Disney Company to divest the Fox Sports television network from the acquisition of 21st Century Fox in order to get an approval from the government of Argentina.[17] On February 15, 2022, Mediapro announced it would acquire Fox Sports Argentina from Disney.[18] The sale was approved by the CNDC on April 27, 2022.[19]

See also

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References

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  1. ^ Mayorga, John Hopewell,Emilio; Hopewell, John; Mayorga, Emilio (2019-04-08). "Mediapro at 25: Timeline 1994-2019". Variety. Retrieved 2022-03-31.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ Marcos, Natalia (2 April 2019). "The Mediapro Studio arranca con 34 series en producción en todo el mundo". El País (in Spanish).
  3. ^ "Mediapro acuerda con los fondos acreedores refinanciar 900 millones de deuda". La Vanguardia (in Spanish). 2022-06-08. Retrieved 2022-07-05.
  4. ^ "Mediapro acuerda la refinanciación de su deuda y amplía capital en 620 millones". CincoDías (in Spanish). 2022-06-08. Retrieved 2022-07-05.
  5. ^ "Mediapro strikes 10-year deal for new Canadian Premier League". SportBusiness Media. February 21, 2019. Retrieved February 22, 2020.
  6. ^ "Cleveland Cavaliers' Quicken Loans Arena to be renamed". SportsPro Media. 9 April 2019. Retrieved February 22, 2020.
  7. ^ "Canadian Premier League Available on OneSoccer – 365 Days a Year". CanPL.ca. April 17, 2019. Retrieved February 22, 2020.
  8. ^ "Canadian Soccer Business takes back broadcast rights from Mediapro, launches legal action". CBC.ca. January 25, 2024. Retrieved January 26, 2024.
  9. ^ Davidson, Neil (June 18, 2024). "Canadian Soccer Business, Mediapro settle lawsuit, agree to part ways at end of year". CBC. Retrieved June 19, 2024.
  10. ^ Jacques, John (June 18, 2024). "In Detail: Canadian Soccer Business Settles Legal Dispute With Mediapro". Northern Tribune. Retrieved June 19, 2024.
  11. ^ "Canal+ loses Ligue 1 football to Mediapro in major upset". Digital TV Europe. 2018-05-30. Retrieved 2020-06-02.
  12. ^ Borde, Alexandre (2018-05-29). "Droits TV du foot : la Ligue 1 obtient 1,1 milliard, Canal+ sur la touche". Le Point (in French). Retrieved 2020-07-18.
  13. ^ "Droits TV : Canal+ perd toute la Ligue 1 à partir de 2020 - Foot - L1". L'Équipe (in French). Retrieved 2020-07-18.
  14. ^ "Mediapro and TF1 team up to launch Téléfoot channel". Digital TV Europe. 2020-06-02. Retrieved 2020-06-02.
  15. ^ "Ligue 1: la chaîne de Mediapro s'appellera " Téléfoot "". RMC SPORT (in French). Retrieved 2020-06-02.
  16. ^ "Ligue 1 rights picture in disarray as LFP and Mediapro agree to cancel deal". SportsPro Media. 2020-12-10. Retrieved 2020-12-11.
  17. ^ "Fusión Disney-Fox: la CNDC dictaminó la desinversión y puso condiciones para garantizar la competencia en el mercado de señales deportivas". CNDC. January 20, 2022.
  18. ^ "Anuncio oficial Disney vende los canales Fox Sports en Argentina al gigante chino Mediapro" (in Spanish). 15 February 2022.
  19. ^ "Gobierno aprobó la desinversión de Disney y MediaPro se queda con Fox Sports". iProfessional (in Spanish). April 27, 2022. Retrieved May 2, 2022.
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