But what interest can the PRISA group have in a station like XEWW, if its main interest is Spain and some South American capitals?
@Los 40, AM
Its main interest are in 1) Colombia where it runs five or six dominant national networks, each with about 20 or so station. 2) Chile, where its 6 national networks control nearly half of all listening, 3) other investments of similar proportion in Costa Rica 4) a major station with national repeaters in Argentina 5) Stations in France and Portugal 6) Stations in Brazil 7) Many others, includiing Ecuador, Costa Rica, Panama and Nicaragua, with a total of 1250 radio stations. 8) The leading newspaper in Spain and interests in other nations as well.
From them:
"PRISA is the world’s leading business group for the creation and distribution of education, news and and entertainment content in the Spanish-speaking markets. Present in 23 countries, PRISA reaches millions of people through its global brands: Santillana, EL PAÍS, LOS40, W Radio and AS. It has become one of the most important education and media groups in the Spanish-speaking world thanks to its high-quality content, as well as its innovative spirit and its eagerness to embrace the digital economy through the connectivity and the continuous improvement of increasingly personalized products and services. The Group’s presence in Brazil and Portugal, and among the growing Hispanic community in the US, opens up a global market of 700 million people."
From their own public financials, just the first 9 months of this year had income of EUR 587,000,000.
"PRISA’s Board of Directors, meeting this Tuesday, has approved the results from the first nine months of the year, during which the company reported revenues of EUR 587 million, an increase of 21% compared to the same period of the previous year. Despite macroeconomic uncertainties, the third quarter has continued to trend positive, with an 11% increase in revenue for a total of EUR 199 million."
And here are their Mexican interests (several are national networks):
