Media Industry
Industry: Email Alert RSS FeedSpanish telco buys top Dutch production outfit.(Brief Article)
Screen Digest, April, 2000
Television
Spanish telecoms and media group Telefonica is to add significant production capacity to its European media assets after agreeing to buy Netherlands-based Endemol in $5.3bn all-share deal. Telefonica says Endemol--one of Europe's largest independent production companies--will supply content for its broadcast, Internet and third-generation mobile outlets across Europe and Latin America. Following completion of the buy, Endemol will keep its name and operate as a separate division within Telefonica Group (Spain; 34/1/353-4100; www.telefonica.es).
Telefonica is largest stakeholder in Spanish digital satellite platform Via Digital and Spanish commercial channel Antenna 3. It also owns several television channels and cable systems in Latin...
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