Prisa Sells Music Catalogues to Bertelsmann
Prisa Radio has sold the music catalogues of its record labels, Nova and Lirics & Music, through which it has the usage rights to some of the most popular Spanish pop songs in history, to Bertelsmann.
Prisa Radio has sold the music catalogues of its record labels, Nova and Lirics & Music, through which it has the usage rights to some of the most popular Spanish pop songs in history, to Bertelsmann.
Spain’s Grupo Prisa, the owner of several radio and digital media properties in Latin America and the U.S. Hispanic market, just sold its majority stake in leading Spanish Pay-TV provider Canal+. The proceeds of the sale will be used to reduce Grupo Prisa’s debt.