Brief: Prisa Not To Bid For New Television License In Spain
26/02/2025 07:26
Feb 26 (Reuters) - Promotora de Informaciones PRS.MC: SAID ON TUESDAY BOARD OF DIRECTORS HAD DECIDED THAT THE COMPANY WOULD NOT BID FOR THE NEW TELEVISION LICENSE IN SPAIN, A PROJECT PRESENTED BY EXECUTIVE CHAIRMAN OF PRISA MEDIA PRISA WILL FOCUS ON THE BUSINESS LINES CURRENTLY DEVELOPED BY PRISA MEDIA, BOTH IN PRESS AND RADIO BOARD ALSO AGREED THAT THE GROUP SHOULD CONTINUE TO FOCUS ON REDUCING DEBT AND STRENGTHENING ITS LIQUIDITY POSITION Source text: https://tinyurl.com/yduh2w4z Further company coverage: PRS.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))