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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
NOTES TOTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED DECEMBER 31, 2013
(Thousands of euros)
1. ACTIVITY
MEDIASET ESPAÑA COMUNICACIÓN, S.A. (called Gestevisión Telecinco, S.A. until April 12, 2011), (hereinafter
“the Company”) was incorporated in Madrid on March 10, 1989. Its registered address is Carretera de Fuencarral a
Alcobendas 4, 28049 Madrid.
The Company engages in the indirect management of a public television service. The Company operated eight TV
channels (Telecinco, Siete, Factoría de Ficción, Boing, Cuatro, Divinity, Energy and Nueve).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
August 28, 1989 and the concession agreement contained in the public deed of October 3, 1989, as well as all natural
operations related to and as a consequence of that management.
• This agreement was renewed for ten years from March 10, 2000 under a Council of Ministers’ agreement dated
March 10, 2000. .
• A Council of Ministers’ resolution of November 25, 2005 extended this concession agreement as well as those of
other national concessionaires to include three DTT (digital terrestrial television) channels.
• A Council of Ministers’ agreement of March 26, 2010 renewed this concession for an additional ten years.
• The Company made all the investments required to start digital transmissions pursuant to Royal Decree 2169/1998,
of October 9, 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 May 3, 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 June 11, 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 Article 28 of the Audiovisual Law 7/2010, of March 31.
• Since the analogical blackout on April 3, 2010 (when analogical broadcasts ended), and by virtue of Additional
ProvisionThree of Royal Decree 944/2005 on May 4, 2010, the Company has access to a multiple digital license with
national coverage, which increases the channels it manages to four.
• Following the acquisition of Sogecuatro, S.A. in 2010, the Company obtained Cuatro’s multiplex licenses (Cuatro and
three more channels).
Per Article 4 of its Bylaws, the Company was incorporated for an indefinite period.
The Company became exchange-listed on June 24, 2004, when it was listed on the stock exchanges of Madrid, Barcelona,
Bilbao andValencia and became an IBEX-35 company on January 3, 2005.
Corporate transactions
On July 27, 2011, the merger of Agencia deTelevisión Latino-Americana de Servicios y Noticias España, S.A.U., Sociedad
GeneralTV Cuatro, S.A.U., and Compañía Independiente de Noticias deTelevisión, S.L. by Mediaset España Comunicación,
S.A. was registered with the Madrid Mercantile Registry. Mediaset España Comunicación, S.A. was the sole shareholder
of these companies.The merger was authorized by the Board of Directors on July 22, 2011.
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