The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
390 jobs Number of planned job losses
Announcement Date
25 July 2003
Employment effect (start)
1 September 2003
Foreseen end date
Description
Antena 3, Spanish broadcasting entreprise, has been acquired to Telefonica by Planeta. Planeta is the third broadcast network in Spain with 20% of shares.
Last year, Antena 3 had a loss of 31 millons euros.
Sources
25 July 2003: Expansión
23 July 2003: El País
Citation
Eurofound (2003), Antena 3, Merger/Acquisition in Spain, factsheet number 59315, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59315.