Atresmedia earned 71.5 million euros up to September, a year-on-year decrease of 4.4%. Operating profit fell by 6.5% to 96.8 million euros.
What is Atresmedia?
Under the commercial name of Atresmedia Corporación de Medios de Comunicación, S.A. and known as A3M, it is a communications group that operates in several sectors, with its main activity in the audiovisual field. It is the result of the merger of Grupo Antena 3 (which obtained one of the three licences granted in 1989) and Gestora de Inversiones Audiovisuales La Sexta.
The channel’s media
Atresmedia develops its strategy through different divisions such as Atresmedia Televisión (Antena 3, LaSexta, Neox, Nova, Mega and Atreseries), Atresmedia Radio (Onda Cero, Europa FM and Melodía FM), Atresmedia Digital, Atresmedia Publicidad, Atresmedia Cine and Atresmedia Diversificación.
Main shareholders (2017)
PLANETA CORPORACIÓN: 41.6%.
BERTELSMANN: 19.1%.
INVESCO LIMITED: 2.8%.
History
Antena 3 was set up under the umbrella of the publishing companies La Vanguardia (52%), ABC-Prensa Española (13%), the Europa Press agency and the Zeta Group and the journalists Manuel Martín Ferrand (4.3%), Rafael and Manuel Jiménez de Parga (32%).
During the 1980s, although its main interest lay in the creation of a television channel, it focused all its activity on radio, launching Antena 3 Radio and acquiring Radio 80. Due to the success of this venture, in January 1989 it became the first private media company to be listed on the stock exchange.
On 30 November 2005, it switched from analogue to digital television, DTT arrived and with it the creation of two new channels of the group, Neox and Nova.
On 14 November 2011, the Antena 3 Group changed its name to Atresmedia when it merged with GIA La Sexta, putting it on a par with its biggest competitor, Mediaset España. It thus came to control a total of ten terrestrial channels, namely Antena 3, La Sexta, Neox, Nova, Nitro, Xplora, La Sexta 3, Gol Televisión, Antena 3 HD and La Sexta HD. After the merger, the group’s shareholding would be as follows: Planeta-D’Agostini (41.7%), RTL (19.2%), Autocartera (7%), La Sexta (7%), and 25.1% trading on the stock exchange.
Atresmedia earns 129 million euros in 2016, 30% more than the previous year
During the whole of 2016 Atresmedia had a profit of 129.1 million euros, 30% more than the profit obtained in 2015 (99.2 million euros). In the first quarter of the year it increased its profit by 4.5% (28.3 million euros), strengthening its position. Mostly due to television (230 million) but also to radio (19 million).
Despite the good data collected by Dircomfidencial, its gross operating profit (EBITDA) was 1.7 million euros in its radio subsidiary Atresmedia Radio. The drop is 42.6% if we look at the same period of the previous year, with a gross result of 3 million.
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