Basic HTML Version
14
MEDIASET ESPAÑA COMUNICACIÓN, S.A.
1. ACTIVITY
MEDIASET ESPAÑA COMUNICACIÓN, S.A. (called Gestevisión Telecinco, S.A. until 12 April 2011), (hereinafter
“the Company”) was incorporated in Madrid on 10 March 1989. Its registered address is Carretera de Fuencarral a
Alcobendas, no. 4, 28049 Madrid.
The Company engages in the indirect management of a public television service.The Company operated sixTV channels
(Telecinco, Siete, Factoría de Ficción, Boing, Cuatro and Divinity), having commenced test broadcasting in 2011 of a new
channel: Energy.The licenses to operate these channels were granted as follows:
• Under the terms of the State concession granted by the General Secretariat of Communications’ Resolution of 28
August 1989 and the concession agreement contained in the public deed of 3 October 1989, as well as all natural
operations related to and as a consequence of that management.
• This agreement was renewed for ten years from 3 April 2000 under a Council of Ministers’ agreement dated 10
March 2000.
• A Council of Ministers’ resolution of 25 November 2005 extended this concession agreement as well as those of
other national concessionaires to include three DTT (digital terrestrial television) channels.
• Since the analogical blackout on 3 April 2010 (when analogical broadcasts ended), and by vir tue of Additional
Provision Three of Royal Decree 944/2005 on 4 May 2010, the Company has access to a multiple digital license
with national coverage, which increases the channels it manages to four.
• A Council of Ministers’ agreement of 26 March 2010 renewed this concession for an additional ten years. The
Company made all the investments required to star t digital transmissions pursuant to Royal Decree 2169/1998,
of 9 October, which approved the Spanish National Technical Plan for Digital Terrestrial TV.Without prejudice to
the above and in conformity with Transitional Provision Two of the Audiovisual Law, on 3 May 2010 the Company
requested that the concession be changed to a license to offer an audiovisual communication service. Under the
Council of Ministers’ resolution of 11 June 2010 the concession became a 15-year license to offer an audiovisual
communication service.This license is automatically renewable for the same period provided the Company meets
the requirements of Ar ticle 28 of the Audiovisual Law 7/2010, of 31 March.
• Following the acquisition of Sogecuatro, S.A. in 2010, the Company obtained Cuatro’s multiplex licenses (Cuatro
and three more channels).
Per Ar ticle 4 of its bylaws, the Company was incorporated for an indefinite period.
The Company became exchange-listed on 24 June 2004, when it was listed on the stock exchanges of Madrid, Barcelona,
Bilbao andValencia and became an IBEX-35 company on 3 January 2005.
NOTES TOTHE FINANCIAL STATEMENTS FORTHEYEAR
ENDED 31 DECEMBER 2011
(THOUSANDS OF EUROS)