Table of Contents Table of Contents
Previous Page  124 / 214 Next Page
Information
Show Menu
Previous Page 124 / 214 Next Page
Page Background

124

MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES

1. CORPORATE PURPOSE OF THE MEDIASET ESPAÑA

COMUNICACIÓN, S.A. GROUP COMPANIES

MEDIASET ESPAÑA COMUNICACIÓN, S.A. - PARENT

Mediaset España Comunicación, S.A. (“the Company” or “the parent”) domiciled at the Carretera de Fuencarral to

Alcobendas, nº 4, 28049 Madrid, was incorporated in Madrid on March 10, 1989.

The Company is devoted to the indirect management of Servicio Público de Televisión, and at December 31, 2015,

operates six different TV channels: Telecinco, Factoría de Ficción, Boing, Cuatro, Divinity and Energy. The licenses to

operate these channels were granted as follows:

• Based on the terms of the concession granted by the government as per the General Communications

Secretary’s resolution of August 28, 1989, and a concession contract ratified by public deed on October 3, 1989,

as well as the transactions resulting from these arrangements.

• This agreement was renewed for ten years from April 3, 2000 by virtue of a Council of Ministers’ resolution

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’ resolution of March 26, 2010 renewed this concession for an additional ten years.

The Company has 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 withTransitional ProvisionTwo of 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 increased the channels it managed to four.

• Following the acquisition of Sogecuatro, S.A. in 2010, the Company obtained Cuatro’s multiplex licenses (Cuatro

and three more channels).

NOTES TOTHE CONSOLIDATED FINANCIAL

STATEMENTS AT DECEMBER 31, 2015

EXPRESSED INTHOUSAND OF EUROS