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Media Capital

From Wikipedia, the free encyclopedia
For Medial capitals, see Medial capitals.
Media Capital SGPS SA
Company typePrivate
Euronext Lisbon: MCP
IndustryMedia
Founded1992
Headquarters
Oeiras
,
Portugal
Key people
Mário Ferreira (chairman)
ProductsTV stations, radio stations, magazines, internet
Owner
  • Pluris Investments, S.A. (37.05%)
  • Triun, SGPS, S.A. (23%)
  • Biz Partners (11.9725%)
  • CIN – Corporação Industrial do Norte, S.A. (11.2%)
  • Zenithodyssey, Lda. (10%)
WebsiteMedia Capital

Media Capital (MC) is a Portuguese media corporation founded in 1992[1] and the owner of TVI, the most watched TV channel in Portugal.[2] MC also owns MCM (Media Capital Multimedia) which includes IOL, Plural Entertainment, Farol and Castello Lopes Multimedia.

History

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Media Capital group was established as a publisher of print media in 1992. In the following years, the Group acquired a number of publications that included the weekly newspaper that covered major political and business news “O Independente”.

In 1997 the group expanded its activity with the acquisition of two radios: Rádio Comercial and Nostalgia. It is in 1998 that the group acquires 30% of TVI and in 2000 creates its internet business: IOL.

The acquisition of NBP in 2001 consolidated the Group’s position in the television market as a whole, with a strong investment on the production of fictional contents in Portuguese. In 2003, Media Capital entered the movie distribution business (activity discontinued in the end of 2011) and, after acquiring Farol Música, became one of the major players in the music editing and record distribution business in Portugal.

The year of 2004 was marked by the preparation of the company for public quotation and subsequent listing of the company’s shares on Euronext Lisbon (closed on March 30, 2004).[3] In November 2005, Grupo Prisa became the largest shareholder of Grupo Media Capital.[4]

In 2008 Media Capital sold its press business unit to Progresa (also owned by Grupo Prisa)[5] and, at the end of the year, acquired Plural Espanha that, along with NBP, originated Plural Entertainment, one of the major content producers in Portuguese and Spanish, thus reinforcing its investment in the production and distribution of differentiated quality contents.

In 2020, Prisa sells 30,22% of its participation to Mário Ferreira’s Pluris Investments for 10,5 million.[6] Later that year, Prisa Group announces the selling of the rest of the company leaving MC.[7]

In 2021, MC and CNN signed an agreement that leads to the creation of CNN Portugal.[8]

In 2022, MC sold all its radios (Rádio Comercial, M80, Cidade FM, Smooth FM and Vodafone FM) for 69,6 million to Bauer Media Group.[9] The main focus is now on the TV Broadcast market. This operation would reduce the MC debt from 79,9M to 21,2M and even a profit of 36,7M after a loss of 4,1M in the previous year.

Businesses

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Media Capital operates in several areas of media and advertising.

Broadcasting

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Magazines

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Internet

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Former units

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Radio

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Media Capital Rádios, a radio broadcaster, which includes several radio stations (sold to Bauer Media Group in February 2022[10]):

  • Vodafone FM
    • 107.2 - Lisbon Metro Area
    • 103.0 - Coimbra & Centre region
    • 94.3 - Porto Metro Area
  • Smooth FM
    • 89.5 - Matosinhos - Porto
    • 92.8 - Figueiró dos Vinhos (Coimbra)
    • 96.6 - Lisbon
    • 97.7 - Santarém
    • 103.0 - Barreiro

Magazines

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  • Media Capital Edições, a magazine publisher:
    • Lux Magazine (women's magazine)
    • Maxmen (Portuguese version of Maxim men's magazine)
    • Portugal Diário (news magazine)
    • Agência Financeira (financial magazine)

Shut down stations

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Ownership

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As of 31st of December, Media Capital states that "the company has the following shareholders helding a participation of sharecapital and voting rights equal or superior than 5%": Pluris Investments, S.A. (37,05%), Triun, SGPS, S.A. (23%), Biz Partners (11.9725%), CIN – Corporação Industrial do Norte, S.A. (11.20%) and Zenithodyssey, Lda. (10%).[11]

References

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  1. ^ "History - Mediacapital". www.mediacapital.pt. Retrieved 2025-04-21.
  2. ^ ECO (2025-01-06). "TVI fecha 2024 na liderança e vantagem de 0,8 pontos em relação à SIC". ECO (in European Portuguese). Retrieved 2025-04-21.
  3. ^ "Principais acontecimentos desde a criação da Media Capital". Notícias ao Minuto (in Portuguese). 2020-08-12. Retrieved 2025-04-21.
  4. ^ "Prisa compra 33% da Media Capital". www.jornaldenegocios.pt (in European Portuguese). Retrieved 2025-04-21.
  5. ^ "Dona da TVI vende Media Capital Edições à Progresa por 8,7 milhões". TVI Notícias (in Portuguese). Retrieved 2025-04-21.
  6. ^ "Mário Ferreira compra 30% da Media Capital por 10,5 milhões". www.jornaldenegocios.pt (in European Portuguese). Retrieved 2025-04-21.
  7. ^ Aveiro, Isabel (2020-09-04). "Prisa vende 64,47% da Media Capital a vários investidores por 36,85 milhões". PÚBLICO (in Portuguese). Retrieved 2025-04-21.
  8. ^ Ferreira, Victor (2021-05-24). "Media Capital anuncia acordo para lançar CNN Portugal". PÚBLICO (in Portuguese). Retrieved 2025-04-21.
  9. ^ Lusa, Agência. "Media Capital conclui venda das rádios à alemã Bauer por 69,6 milhões de euros". Observador (in European Portuguese). Retrieved 2025-04-21.
  10. ^ "Media Capital vende rádios a alemães da Bauer por 69,6 milhões de euros". ionline (in Portuguese). Retrieved 2023-01-16.
  11. ^ "Shareholding Structure - Mediacapital". www.mediacapital.pt. Retrieved 2025-04-21.
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