Spanish Main Mediapro Posts Regular $253M EBITDA In 2019 After $90M Funding 12 months
The Mediapro Group, which has grown to turn into one in every of Europe’s main content material studios in recent times, has reported regular 2019 financials after one other yr of expansive funding.
The corporate’s adjusted EBITDA was $253M (€224M), a slight enhance on the $251M (€222M) determine in 2018. Turnover decreased barely from $2.23BN (€1.97BN) to $2.06BN (€1.82BN), which the corporate mentioned was half right down to the tip of its contract for the LaLiga soccer rights in Spain.
Mediapro continued its aggressive worldwide enlargement final yr, with the report saying it spent $90.5M (€80M) on investments within the interval. The corporate’s content material wing, the Mediapro Studio, launched 39 new productions in 2019, in territories together with Spain, Italy, Finland, Mexico, Colombia, Argentina and Chile. It’s producing content material for corporations together with Amazon Prime Video, HBO, Netflix, Turner, and Viacom.
Spanish channels broadcast 10,501 hours produced by the Mediapro Studio throughout the interval, clocking viewers of north than 43 million. The corporate gained two Daytime Emmys for Amazon present Six Goals, and on the movie facet is producing the brand new Woody Allen film Rifkin’s Pageant, which it began promoting internationally on the current EFM in Berlin.
Mediapro now counts 7,123 employees at 58 workplaces in 38 international locations, throughout its varied divisions.
COPYRIGHT_BP: Published on https://bingepost.com/spanish-major-mediapro-posts-steady-253m-ebitda-in-2019-after-90m-investment-year/53147/ by Cecilia Jones on 2020-03-06T12:42:38.000Z