Mediaset, Atresmedia hit hard by pandemic

Spain’s largest TV groups Mediaset and Atresmedia are paying a high price as a result of the coronavirus crisis. Both companies are seeing profits sharply dropping.

In the first nine months of the year, Mediaset saw its profits fall by 34 per cent to €103.2 million, down €53.8 million. In Atresmedia’s case the reduction is even worse, with a fall of 50.3 per cent to €39.9 million.

Source: Mediaset, Atresmedia hit hard by pandemic